Also, I’ve mentioned this on other threads as well, but I think Aurora has huge potential growth ahead and there’s a lot to why I believe that. Some high level things are that Aurora is operating in a huge TAM (a 5-10 trillion dollar potential industry according to projections), it has an amazing founding team and engineering team with a unique vision and approach, it has world class investing partners (who wouldn’t have invested if they didn’t believe in those kinds of multiples in a certain timeframe), and it’s still very early on in its growth as compared with direct competitors (meaning more upside when it comes to your equity). While nothing is guaranteed when you’re signing up with a startup, Aurora is as good of a bet on being valuable than any startup I’ve been too, especially at this stage. Bottom line: you’re joining a company with an amazing team, strong investors, an almost endless amount of funding, an astronomically large market, and a ton of public interest. It’s the best bet for a privately owned AV company on the market at its stage of growth.
Since, these companies take so long to get to IPO, I feel pretty much the stock based compensation is paper money unless we plan to work at these firms for at least 5-6 years.It's hard to choose the company based on the upside in equity.
I find it fascinating that "startups" are compared with Google (and potentially Tesla with its x00,000 cars) in a space where Data is a big determinant. Like how does a startup even compete with Google's x million miles driven??
This is a multi-trillion dollar market, so I believe there will be multiple winners. Waymo has a head start on the rest, but Aurora is catching up quickly, since we are *the* independent tech provider in the AV space.