I am expecting an offer from cloud kitchen in 1 week and I would be part of a small team which will build the infrastructure.. Anyone interviewed and knows the equity/options they are granting and the price? I am not concerned about salary but more concerned about the options/rsu.. Please advise Current tc 220k
How was the on-site? Did you get an offer?
Update: I didnāt have to go for an on-site as they were impressed via phone and video conference interview.. I am expecting an offer this coming week..
Woah. Did you take the offer?
Amazing, congrats! Please keep us updated
Will they ask you to move to LA with offer?
Yes they need relocation ASAP and ASAP literally
Please follow up on if they negotiate, how strong is offer, etc
Update: The process is very secretive and confidential :) They want me to fly down to la and then only they would give an offer. They want me to meet the team in general and not in an interview perspective as well as see the office space etc.. I asked politely about comp and mentioned I havenāt had this discussion yet etc.. they very briefly touched on it but mentioned as we are startup we will give high equity and high upside so I am anticipating serious lowball here.. Letās see when I can make time and go now..
Update: Had my on-site today in la.. interesting team and nice people.. got uber vibe of super pumped but with respectable people. Not once we discussed about comp with managers and hr but more on problem we are solving for and why itās critical to hire right people at this juncture.. Not to be overconfident or cocky but I expect an final offer in coming days as they wanted me to come on-site and meet the team plus they wanted to meet me as well. I expect an offer in next 4-6 days. Not sure why they donāt want to tell anything about equity yet also they mentioned itās not truly equity but options and bunch of other things.. Office building pretty normal like you would find in sf but location is kinda dull and like financial district of Boston and not fully crowded like sf market street FYI.. Letās see what happens in next few days..
Congrats! DMed you.
Update: Cloud says yes will come back with numbers tomorrow
Update: Got the numbers. I am kinda disappointed by the fact that the paycut is significant and around 20% of my current base pay of 150k I wish I could write anything more on equity but since I signed NDA I cannot. Equity grant is under half million. 400k/4 years If anyone has an offer pls dm me and I would like to know the equity component they are offering. Nothing great.
Paycut in total or just base salary? And equity is 500k over four years? Sorry I don't have an offer to share with you but can tell you you are not the only one complaining about being low-balled. Are you in engg or finance?
Pay cut by 20% assume my current pay is 150k base. for equity- Assume I am giving you 10000 stocks at 40 each and say thatās equity vesting over 4 years..
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