Tech IndustryJul 2, 2020
Uberkenem

Asana Offer

I have an offer from Asana for an L5 SWE Base 215k (no bonus) RSUs 800k/4yrs I’m not really sure of the company’s current valuation, so it’s difficult to value the RSUs. If my math is right it seems like the offer is valuing the company a bit over 5B. Does that seem right? In general how does the offer look, any room for negotiation? Current TC ~400k 10 YOE Update: I decided to join FB. My offer was 205k base, 700k equity, 50k sign on.

Salesforce tSPq48 Jul 2, 2020

I just got hit up by an Asana recruiter. How was the interview process there?

Uber kenem OP Jul 2, 2020

It was good, pretty standard tech interview but have more of a focus on collaboration. Phone screen - 1 coding question and 1 design question Virtual onsite - 1 behavioral, 2 design + coding, 1 coding a small project (2 hours)

Credit Karma allrejects Jul 2, 2020

i thought the company valuation is 1.6B. isn’t it ?

Uber kenem OP Jul 2, 2020

They were valued at 1.5B in Nov 2018. Not sure what they would be valued at today

Credit Karma allrejects Jul 2, 2020

why do you think the offer is valuing the company at 5B then?

Fitbit T_]651 Jul 3, 2020

The RSUs are worth $0 until the company is bought or IPOs. Do not value them as anything else.

Uber kenem OP Jul 3, 2020

In general I think that’s a good mentality to have when joining a private company, but disagree that they shouldn’t be valued at all. There other means of liquidation: tender offer, secondary market.

Snap iat Apr 6, 2021

This is horrid advice

Lyft alas! Jul 9, 2020

Op - did you end up taking the offer? If not, where to?

Uber kenem OP Jul 12, 2020

Haven’t decided yet. Will update the post once I’ve made a decision

Lyft alas! Jul 12, 2020

May I ask what’s your concern?

Uber kgAv78 Jul 14, 2020

How long do they take to respond with the decision after the onsite interviews?

Uber kenem OP Jul 15, 2020

1 day

This comment was deleted by the original commenter.
Uber kenem Aug 1, 2020

Yes, E5 SWE at fb

Facebook Kenemm Sep 5, 2020

This is the OP - just joined blind with my fb email. I don’t have access to my old blind account anymore :(

Amazon x101 Sep 5, 2020

What was your final Facebook offer ?

Facebook Kenemm Sep 5, 2020

First offer: 200k base 600k rsu and 50k sign on Final offer: 205k base, 700k rsu and 50k sign on.

Facebook e5 Nov 10, 2020

@kenem how do you feel now that the asana offer is easily 600k/y?

Facebook Kenemm Nov 11, 2020

The stock is lower than the grant price so TC at asana would be lower: 375k My current TC at fb is 450k

Datadog zhjn Nov 21, 2020

Lol, good stuff op

Apple veera1234 Jul 6, 2021

Lol you missed out on 1.6 million

Facebook Kenemm Jul 22, 2021

Lol I also had an offer from coinbase with 23k shares. Missed out on 5M haha

Microsoft NumberedDS Jul 30, 2021

How do you feel / cope with this?

Uber mdushwbegx Oct 7, 2021

Lol necroing this to laugh at OP. Also Asana recruiter reached out to me, is it too late to join?

Facebook Kenemm Oct 21, 2021

Never too late :)