Tech IndustryFeb 26, 2020
Amazonjef641

Affirm vs Stealth Start-up

Hi, I got offers from Affirm and stealth start-up. Affirm TC - 285k Stealth TC - 180k + paper money (250k) Both positions are in SF. Current compensation: 210k YOE-2 SDE-II in Amazon What would be positive and negatives of both options?

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Samsung Soy Sauce Feb 26, 2020

An obvious negative would be the startup flops. It's unlikely Affirm goes bankrupt anytime soon.

Amazon jef641 OP Feb 26, 2020

Yes. Agree to that. But if it works, I will be in a much better position than affirm. That's what I am confused about, how much risk should I take

Samsung Soy Sauce Feb 26, 2020

Can you say what sort of startup it is?

Samsung chaji_iku Feb 26, 2020

As you said the stealth startup is paper money. Affirm is an established company by now with a proven (though controversial) model. In case it doesn’t work out recruiters will still recognize the affirm name

Affirm dvyas Feb 26, 2020

CONTROVERSIAL? you take that back

Samsung chaji_iku Feb 26, 2020

Ok affirm boomer. After I am actually telling the op to take the affirm offer Here’s an old article: https://www.google.com/amp/s/venturebeat.com/2015/05/08/lending-startup-affirm-may-be-popular-but-its-loans-are-a-problem/amp/ In case you are wondering I have pushed for affirm in my last gig at Samsung. ;)

Affirm dvyas Feb 26, 2020

How much stock at Affirm. Could be decent upside if we double in valuation

Affirm dvyas Feb 26, 2020

Probably not tho

Affirm dvyas Feb 26, 2020

Enough to get a house downpayment tho which is good enough for me

Kohl’s Laffney Feb 26, 2020

what is offer breakdown for affirm ?

Compass someguy851 Feb 26, 2020

wow great affirm offer interested in breakdown too if you can please share!