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So far just a verbal offer. HM says this is above average but it’s less than the average I see on levels and blind (around 570k even when filtered to Seattle). I know this is better than my current TC but how does this compare to other L5 offers? Trying to understand the TC distribution at L5 to better negotiate. YOE: 5 Current TC: 240k
What is the valuation databricks is giving that offer at? What is stopping them from IPOing or other cloud providers building a well integrated product.
Why haven't you guys done it yet ?
Maybe in the grand scheme of things its not that important yet? Business opportunity is not as big? Trust me, when it becomes lucrative, masses will come. That is how capitalism works.
Very nice for yoe 5
I cannot believe you’re complaining about this
TC over everything
Even if you discount the paper RSU by 50%, it’s still much higher than MSFT
Can you sell that equity?
DBX L5 can pay 205k + 20400 shares which is 1.5M on $73.33, L6 pays up to 240k+ 30000 shares. That is a good offer on your yoe and your current TC, if no other choice go for it.
What's the liquidity clause for paper money? Do they have a quarterly buy back or something?
No, their CEO is good at motivating people with a fake dream, if that RSU can be liquidable, then it won't be called a dream. Think about Uber 1.0. when the founder is still in control, he can dilute share pool significantly by providing low cash with high stock based compensation.
Said by the guy with name DBX ALI SUCK, go get checked soy boy
Come back when you have written offer
I think the more relevant Q for you is When is DB gonna go public? This is a great offer if DB goes public in 2-3 years. Congratulations OP
This is double your TC at 5YOE.