Base: 195k
Title: Senior Software Engineer.
Total comp: 290K
Location: Bay area.
YOE: 7
PS: Reddit stock is pre ipo, so it's basically all paper money as of now.
I also have an offer from PayPal where TC(>300K) is considerably higher than Reddit. Also the PayPal stock is liquid. They are offering sign on bonus of 25k and stock refreshers every year (which Reddit is not)
I'm confused as to which company to choose.
Should I choose a fast growing startup or higher TC offering company?
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comments
Will Reddit ipo anytime soon? Otherwise you are going to take a chance.
Paypal is fintech and is also growing. Its more stable compared to reddit.
Personally I would go with reddit, learn as much as I can for next couple of years and springboard to Fb/Google.
Bank of America to Reddit is a great move if you want to get into the “hot” company community and have more challenging/interesting work. This would set you up for other better opportunities.
BoA To PayPal is a nice logical progression. It sounds pretty chill. I had a friend tell me they had gotten lazy and they had trouble adjusting to a faster pace company afterwards.
https://www.thedrum.com/news/2020/07/23/with-ad-revenue-down-23-twitter-looks-diversify-with-subscriptions
https://www.cnbc.com/2020/05/28/the-coronavirus-is-set-to-wipe-50-billion-off-ad-budgets-this-year.html
Maybe some companies had other wins outside of ads, or ad revenue increased but not nearly as much as it should have, but they are definitely being affected. Their employees will be adjusted accordingly at some point in time, unless they manage to make enough for it to not make a significant dent.
Mozilla for instance suffered more than most, as we rely almost entirely on partner search engine ad revenue.
Pinterest was affected, but because of stay at home orders, their monthly active users grew 39% yoy, which most likely made up for their loss.