Folks considering opportunities at Pre-IPO companies, how are you justifying given the COVID-19 crisis and looming recession? Im coming up on my vest at AMZN and looking for opportunities outside. Most of the companies that Im interested are late stage, pre-IPO : Kong, Snowflake, Hashicorp, Segment. Basically all in the Enterprise Software space with great culture, work life balance and growth potential. Given the COVID-19 crisis and slashed valuations for many unicorns (MDB, ESTC, PLAN, AYX) Im starting think that risk vs. reward isnt adding up anymore. I believe pursuing Google, Microsoft, Oracle instead will mitgate at least one of the two risks - a) Stock options being worthless b) higher risk of downsizing due to economic factors. Am I overthinking it ? Feel free to knock some sense into me😁 TC: 330k YoE: 10 #career#ipo
I also was thinking if hashi is a great place to go to.. I love their technology but dunno what would happen in this recession
Following, also wonder what people think
No slowdown on the snowflake end. Colleagues are expecting an uptick in demand to move to the cloud after covid
Thanks. So no red flags like hiring freeze / restating revenue estimates / slowing down headcount etc?
We’re hiring. Frank said so in his interview on CNBC too we are continuing to hire and grow. Good place to be even with the uncertainty COVID-19 has brought to other businesses
Mmhm Kong might be the move
Thanks! Can you please share on why you think Kong is better? Also any idea on how they are valuing stock options now? Post crisis?
Stay away.
Segment is doing great too. We haven't frozen hiring, this has been the best company I have worked so far. Everyone here is passionate and everyone's voice is heard.
Soooo... how did that Snowflake consideration go? Lol
What type of role are you looking for (sales, engineering, etc)?
Engineering manager