Considering an offer from dropbox for Software Engineer (IC2). Details: Base : 158K Bonus: 10% Equity: 230K Current TC: 185K YOE ~ 2 Years. Please share your thoughts on offer and any pros and cons of joining dropbox.
That’s a lot for your experience
Do you have competing offers
I do and they are higher than this. But Dropbox won’t budge.
OP what is your current TC and breakdown ? Dropbox is pretty high on base. So go for it
I have provided my current TC. Breakdown : Base 140k, Annual Target bonus ~ 15k and Annual stocks vested ~ 35K. I am concerned about the worth of their equity since their stock has been tanking most of the time post IPO.
That’s an incorrect way to think. If you could beat the market you wouldn’t need to work as a swe. A public market stock price is quite accurate, the only valid concern would be volatility, which is higher for tech stocks than say insurance stocks, but since you work in tech you’ll get volatility at almost every company. Past returns don’t equal future returns, and to the extent the literature finds any correlation, it’s generally in the opposite direction.
What’s their beating schedule ? Do they give annual refreshers ?
They claim to grant refresher between 20K to 30K every year depending on performance. I am not sure what you mean by their beating schedule.
30k/4years?