What are good pre IPO startups to join now

NVIDIA
Kaname

Go to company page NVIDIA

Kaname
Feb 4, 2021 938 Comments

We all saw how #airbnb and #doordash IPOs went and how they made majority of their employees millionaires. Robinhood looks screwed maybe at least for now. (I mentioned before that instacart IPO is screwed but it turned out my understanding of their business is screwed 😂 sorry)

Are there any other good options (with high chance to be like Airbnb and Doordash) you would recommend? And why?????

Full list of startups mentioned by community is in this post https://us.teamblind.com/s/PEriNDXM

comments

Want to comment? LOG IN or SIGN UP
TOP 938 Comments
  • New
    sploosh

    New

    sploosh
    Unless you’re the (co)founder or exec, you’re not making anything on a unicorn’s IPO these days.
    Feb 5, 2021 23
    • You're probably not an outlier within Procore but I think Procore is offering lower levels of equity than what is fairly common in SV for the "top" pre-IPO companies. I'm not sure Procore would be considered in this tier (no offense, just sayin)

      $100-200k equity per year is not uncommon for senior and staff engineers in SV, for FAANG and similar companies. Maybe rare for all devs in the world and all industries etc but that's not in my consideration set.

      I'm not talking about scratching 1m in total. I'm talking about 1m per year - it's not uncommon for DoorDash, AirBnB, Snowflake, etc. We need to open our eyes that this is the current market at least.
      Feb 7, 2021
    • Procore
      uuhhhbbkkj

      Go to company page Procore

      uuhhhbbkkj
      Procore is definitely not in the tier you're describing and I'm not offended. I am offended at how little equity software-based companies are paying the people who are creating substantial value though.

      If you scan through levels.fyi, you will see that roughly 1/10 to 1/20 salary entries state they make ~100k in equity per year. Many of the companies that pay ~100k in equity are valued in the 10 billion to 100 billion dollars in market cap. These devs who are pulling the 100k+ equity are not making anything near the total market cap value of the respective company. It's an offensively small amount and in the grand scheme of things, they are the ones directly creating value.
      Feb 7, 2021
  • Tier 2? Are you insane? We’re the most valuable pre IPO company in the entire world...
    Feb 6, 2021 10
    • Why is someone working at an insurance company qualified to reply to this thread anyway
      Feb 6, 2021
    • New / Strategy
      Alchemi3t

      New Strategy

      Alchemi3t
      Someone from insurance company, how about you bet your 401k on that tiktok will die in 2 years from Feb 6 2021. Put your money where your mouth is.
      Feb 25, 2021
  • Stripe / Eng
    solidarity

    Go to company page Stripe Eng

    PRE
    Google
    solidarity
    Stripe
    Feb 5, 2021 11
    • from a stripe employee "our recruiting team is really good and super nice"
      NOPE. I was misled. stripe recruiters are indeed bad and arrogant.
      Feb 9, 2021
    • Stripe / Eng
      solidarity

      Go to company page Stripe Eng

      PRE
      Google
      solidarity
      My recruiter was one of the reasons I was leaning against Stripe, but everything else was too good to pass up, so I definitely don’t regret the decision to join.
      Feb 9, 2021
  • Uber / Property Dev
    L Farquaad

    Go to company page Uber Property Dev

    PRE
    Google, NASA, Petrobras
    BIO
    Haz Code
    L Farquaad
    Is millionaire a thing anymore in Bay Area? Aren’t everyone in Bay Area millionaires? Maybe decamillionaire I can understand is something to aspire to
    Feb 5, 2021 6
  • Only Fans
    Feb 5, 2021 3