I'm Amazon SDE1 with 1.5 YOE Doordash E4 (Seattle): Part of the “Dasher” org 15k signing bonus 165k base 275k stock grant Sigma Computing SDE2 (SF): 25k signing bonus 150k base 0.08% equity, currently worth 33k Where I'm at: Sigma seems like a really interesting company, and seem to be growing a lot. But I feel like these stock options mean that it has to grow a ton to even be break even with Doordash. Doordash upside seems to mostly be gone tho post ipo. Appreciate any advice
Are you sure you would be in dasher and not dashmart? It's completely different, I don't think we have dasher in Seattle
How is dashmart team? Heavy oncall compared to other teams in SF?
Your sigma option worth 400-500k now.
Where are you getting this number?
That’s just a rough estimate based on preferred price (it’s more but not going to give exact numbers) from the 300M C Round. Sigma allowed us to sell 25% of our vested shares at that price. If we continue on current trajectory and get Series D later. We’ll be able to sell a bigger portion of our vested shares again. Should be at least 5x+ the current preferred price. Sigma has pretty good option benefits. They allow us to sell via CartaX https://carta.com/blog/tender-offer-faq/ Shameless plug but it’s a really good time to join Sigma! I’m sure the offers will be still really great with still a lot of upside before we IPO in the future (I’m thinking at least 10x🤞)
What happened?
I think he got rejected from Sigma so he’s trying to stir trouble for some reason. Sigma is actually doing really well right now (we just finished a great quarter went well above the goals set by the board)
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Id take sigma, I wouldn't want to work in gig work again.
My main problem with sigma is that if it does well, it seems like I would have to live in SF until all the options vest, and I am able to liquidate -- potentially the rest of my 20s. Sf seems nice, but I don't feel comfortable committing to live anywhere for that long at the moment
oh no! How are you going to live in SF? How often do you actually move?