Hi all, Hoping to get some input on whether I should consider an offer that has recently come on the table. Current Role & Comp: Credit Karma - Marketing Manager II Base: $170k Stock: $600k unvested (bulk of that vesting in the next 2 years) Competing Fintech Offer (Series D - $500M Valuation) Role: Director level for an in-product area Base: $180k Stock: $240k over 4 years Big things to consider: - I’d be walking away from a decent amount of unvested Intuit stock - Director role has its own value for long-term trajectory. - Stock options for the Series D are monopoly money right now. No guarantee of future payout or performance, however they are shooting for Unicorn status. - New role would allow me to move from marketing into a high level product role. Should I stay at Credit Karma with good job satisfaction currently, or take the risk on the new role? #tech #creditkarma #fintech #comp
Take your current compensation, add 30% and tell the fintech that's the only number it would make sense to leave at. If they don't match, stay at CK and interview elsewhere.
I understand the desire for the Director title, however your TC over the next two years would be $470K / year versus $240K / year in the new role, that difference is too high IMO despite the supposed prestige difference in favor of the Fintech offer.
I’m surprised their stock grant is so light for a director role. Solid product roles have big stock grants especially if the stock is illiquid.
Hey - does CK negotiate at all? Got an offer at CK.. they said they don't negotiate but could possibly do a sign on bonus if I have another competing offer. Any idea how much they could put in bonus?
Why leave cash on the table. Jobs are all the same
That’s my primary hesitation for sure. There’s just the possibility that the new company’s valuation goes wild like many of the fintech valuations these days, but can’t rely on that prospect.