Hi All, Just finished an interviewing cycle for ML Engineer positions. Offers are all fully remote Didi Labs: Base: 192k Target Bonus: 32k Stock: 22000 RSU - vests 15/25/25/35 (once yearly) Role: More research based publishing papers, conducting experiments, open source research software Series A: Base: 175k Stock: 0.05% options (at a negligible strike price < $.10), - current valuation is $180M expected to get $1B at the end of 2022 - vests 25% and then 1/36 monthly for remaining 3 years after year 1 Role: Apply research techniques to solve domain problem and better product\ * Supposedly compensation is revisited every quarter Acquired Startup: Base: 195k Sign on Bonus: 15k Guaranteed Yearly Bonus: 80k (each year for 3 years) Stock: $3167 / year (weird way to give stock lol) Role: Work more on implementation of training efficiencies: distributed systems for ml, implementing training tricks from papers, etc. Have some negotiating room and will definitely negotiate. Not that into the acquired startup tbh but cash value is great from them. In terms of work, pretty torn between working on pure research and publishing papers vs joining a potential unicorn and applying research to solve a good problem. Long term goals are to either lead researcher at startup or researcher at a big industry ML lab. Didi has a bit of uncertainty around the stock as the Chinese government is potentially trying to take them off the US Exchange. Would appreciate some advice and insights people have, still very early in my career at this point. Also feel like Series A is lowballing my equity offer. #didi #ml #offer
Forget didi. You wonât owe the product. The China team will.
Series A is pretty stingy- what # employee will you be? 0.05%? Their ISO means youâll need to purchase stock that have no secondary market, which is lose-lose. It may also never be a thing. The acquired start up looks pretty good. Real money, real stock. Didi sounds like lose-lose. The stock they give you may not be worth anything soon. And you arenât even getting a lot of it.