Cashapp vs Figma

#datascience Trying to decide between Cashapp and Figma, both staff level data science. Cashapp is real money stock vs private RSUs with Figma. Figma stock is given at internal valuation of ~15bn, so growth potential is reduced, but still potential there. Current TC 350k

Offer
63 Participants
Select only one answer
Current
TC: $350K
Data Scientist
Mountain View, CA, US • L6
TC: $410K
$240K
Base
$170K
Equity
$0.00
Bonus
$25K
Sign-on
Data Scientist
San Francisco, CA, US • Staff
TC: $380K
$210K
Base
$170K
Equity
$0.00
Bonus
$35K
Sign-on
Mailchimp lawsuit Apr 16

Block. Figma equity is worthless since Adobe acquisition fell through. Product is nice but definitely not worth 20 B. Maybe 2-4B max Similar company which has great product in a different domain but is one trick pony is $ASAN Their market cap is also ~ $2-4B. They are B2B which consistent revenue. Figma penetrable market is quite low if they focus on B2C . Should try B2B SAAS subscription and sell it to companies so that designer could use it.

PayPal paidp Apr 17

This guy is none sense, Figma’s entire business model is b2b subscription

Figma dububu Apr 17

🤣🤣🤣

Atlassian freeyolo Apr 17

Thanks for sharing. Block seems to be the move given figmas valuation. Remote? $410k is a solid offer assuming analytics DS with less than 12 yoe. Is there no bonus? If so then TC is even higher and it would be a great offer What was the interview like? Did they test Python in the interview? Prob/Stats?

Nextdoor rDOj73 OP Apr 17

Both remote yes. No bonus for block. The first tech screen was a python interview, basic scripting and some data manipulation. No stats in the coding interview

Uber Twx5wpy Apr 17

Congrats on the offers. I’d say block too, but see if you can negotiate and of them up against each other. Just curious, how many YOE do you have?

Adyen kciwosg Apr 17

Congrats on the offers! I would choose Block because of the higher base and liquid stock. How did you find out about Figma’s $15 billion internal valuation?

Nextdoor rDOj73 OP Apr 17

It’s how they are pitching it to me, I don’t think it’s a formal valuation but it seems to be how they are structuring the offer

Airbnb cgYV31 Apr 17

That Figma valuation seems bs. What is the price per unit? When I interviewed a few months ago it was 21$

Block 🦴 head Apr 17

block, that figma valuation is bs

BMO qJkn82 Apr 17

Hi, can I DM you for a referral at Block? I would be a great candidate for this specific position. Please let me know.

Liberty Mutual Insurance squabble! Apr 18

@block please dm

onsemi jsodybk Apr 17

Congratulations on the offer OP! Can you tell us how many rounds of interview were there and what did they entail?

Amazon dopplersea Apr 18

Op - Congrats on the offer. Can you post your prep strategy please?

Nextdoor rDOj73 OP Apr 18

Both 3 rounds, hiring manager, tech screen sql/python and onsite. Pretty vanilla case studies and then xfn chats. I just brushed up on experimentation, would be good to practice DS case studies if you have a friend you can do mocks with

Figma d7ajau Apr 17

are these numbers after negotiating Figma’s offer?

Nextdoor rDOj73 OP Apr 17

All post negotiations

Liberty Mutual Insurance squabble! 5d

@figma check dm

Block muppetier Apr 18

Data sciences is a joke at Square (I can’t speak for Cash App). I would be very careful as you may find yourself to be a glorified business analyst. Many of our DS folks just do simple SQL queries all day and are not particularly strong technically.

Atlassian freeyolo Apr 18

The whole industry is like that. Some see it as an advantage because if you’re smart it’s easy to move up the ladder since competition is weak

Liberty Mutual Insurance squabble! Apr 18

Referral dm?

Citibank Ds_1313 Apr 18

Congrats Op! Yoe?

Block KcuS00 Apr 19

Which CashApp team? Is it product DS or ML modeller/engineer?