Carta offer evaluation (Big no to Carta)

Carta recruiter called me after my onsite and offered me 150K base and 90K stocks for 4 years. I simply said don’t want waste my time. YOE: 11 #software #engineering

Informatica infradude Oct 5, 2021

As you should

Affirm sjdirus118 Oct 5, 2021

I’ve heard that their ceo has no intentions of take the company public ever.

Carta Cartanite Oct 5, 2021

Yeah but you can already sell your Carta stock 4x a year since we’re building a marketplace for private equity and using it ourselves. Why go public?

Affirm sjdirus118 Oct 5, 2021

Cause the pool of investors is tiny compared to the public markets. They’re, arguably, more savvy and will give reasonable valuations compared to the public markets.

Bloomberg Vindjs Oct 5, 2021

Starting to not feel so bad being here lol

Intuit dutch oven Oct 5, 2021

And they do this take home assignment shit, I won’t even bother

Affirm yeeeee3 Oct 5, 2021

That’s a disappointing offer to hear after the time you put into the interviews lmao.

Amazon Shyam653 OP Oct 5, 2021

Exactly. In the beginning I gave my expectation too.

Carta Cartanite Oct 5, 2021

To be honest, you must not have done well or had competing offers. I got an offer for 197k base and 320k over four years with four years of experience myself.

Bloomberg Vindjs Oct 5, 2021

I read on their site you have a chance to liquidate stock every 12-18 months but how does that work. What's driving the amount you can sell for...

Carta louuhj Oct 6, 2021

Eh did you get E5? I thought E4 only went up to 190.. at least I thought I recall someone saying that

Carta ///\\\ Oct 5, 2021

That's an offer for L3. So basically you didn't do well enough in your interviews to be leveled as a Senior Engineer. L4 Bands are pretty accurate compared to what's on levels.fyi (Add 10K to the average).

Carta Bnbf31 Oct 13, 2021

This makes sense, I think you're probably right. Looks like an L3 offer, and a reasonable one at that, especially if the OP is in any market other than NYC or SF.

Carta louuhj Oct 6, 2021

Yes that’s a poor offer for 11 yoe.. you must have been leveled as E3 in interviews

Internet Brands grunt88 Oct 13, 2021

Their recruiter gave me these numbers for Senior (L4 and L5) in NYC. 8~ yoe Senior ios engineer I stated I have two offers in hand from "startups and big corporations", and never gave any numbers to the recruiter. L4 - 190-200k base 300-315k over 4 years equity L5 - 200-220k base 350-375k over 4 equity equity