I got the following offers
Amazon SDE2 Seattle 400k, almost all cash for the first 2 years
Cruise L4 ML infra 450k, 180k is paper money but can be traded internally for cash
Amazon is in Seattle
Cruise is remote
Amazon is in aws kinesis
Cruise is in ml infra
TC 230, 2 yoe
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comments
Far more significant upside with Cruise, plus you get to pay yourself in the back for helping the world through electric AVs
* Third party does a 409a valuation every quarter
* You can elect to sell some, none, or all of your vested shares
* GM pays cash to buy shares in a tender offer at the 409a valuation price
Vesting:
* Shares vest quarterly (one year cliff). Double trigger has been removed, so there is no expiration date on RSUs
* By default, shares are withheld to cover taxes according to tax law, but you can front cash if you prefer to maximize your holdings if Cruise stock
GM and Cruise have agreed to do this on a recurring basis, though technically it could stop any quarter. If it does stop, presumably Cruise is either about to IPO or is in big trouble!