Base: 195k Title: Senior Software Engineer. Total comp: 290K Location: Bay area. YOE: 7 PS: Reddit stock is pre ipo, so it's basically all paper money as of now. I also have an offer from PayPal where TC(>300K) is considerably higher than Reddit. Also the PayPal stock is liquid. They are offering sign on bonus of 25k and stock refreshers every year (which Reddit is not) I'm confused as to which company to choose. Should I choose a fast growing startup or higher TC offering company?
How does reddit make money?
Of course ads
What do you want in your career? Bank of America to Reddit is a great move if you want to get into the “hot” company community and have more challenging/interesting work. This would set you up for other better opportunities. BoA To PayPal is a nice logical progression. It sounds pretty chill. I had a friend tell me they had gotten lazy and they had trouble adjusting to a faster pace company afterwards.
I think this is really subjective. Work at PayPal all depends on the team. Besides I can always transition to Venmo (acquired by PayPal) which should probably have a cool startup like culture.
What is paypal offer.
What is the Paypal offer? I like tangible things like... more money and liquid stocks.
Updated
Be careful of any company that currently relies on ads for income, as many of them are struggling in major ways right now. Otherwise, if TC doesn’t matter to you, pick the team and company that has more interesting work. If TC matters, then PayPal is the obvious choice.
Huh? Snap, fb, pins, twtr all had stellar quarters.
https://www.forbes.com/sites/greatspeculations/2020/05/18/10-billion-googles-lost-advertising-revenues-due-to-the-covid-19-outbreak/#62c33b036f46 https://www.thedrum.com/news/2020/07/23/with-ad-revenue-down-23-twitter-looks-diversify-with-subscriptions https://www.cnbc.com/2020/05/28/the-coronavirus-is-set-to-wipe-50-billion-off-ad-budgets-this-year.html Maybe some companies had other wins outside of ads, or ad revenue increased but not nearly as much as it should have, but they are definitely being affected. Their employees will be adjusted accordingly at some point in time, unless they manage to make enough for it to not make a significant dent. Mozilla for instance suffered more than most, as we rely almost entirely on partner search engine ad revenue. Pinterest was affected, but because of stay at home orders, their monthly active users grew 39% yoy, which most likely made up for their loss.
PayPal over reddit. No brainer
What?? really and why?
Reddit has a lot of traffic. I just checked they have around ~430M MAU. Work will be more exciting, they are also into ads. So if your goal is to eventually move to FB/Google/or any FAANG, your experience at reddit will be more relevant and help you transition easily. Paypal is fintech and is also growing. Its more stable compared to reddit. Personally I would go with reddit, learn as much as I can for next couple of years and springboard to Fb/Google.
Take the PayPal offer, TC is really good.
Ok based on the fact that the likes of PayPal and square are going to do well with e-commerce and “touch less” payments thriving, your PayPal offer is a safer bet. Will Reddit ipo anytime soon? Otherwise you are going to take a chance.
I have no idea about reddit going ipo
Reddit is chinese company
Tech Industry
Yesterday
2720
Tech companies to avoid as a white guy?
Tech Industry
Yesterday
659
(new grad) Got rejected from my dream job, should I just end it all
Tech Industry
Yesterday
2285
1 vs 5 Million - no lifestyle change
Ask Blinders
Yesterday
394
Why is our country owned by Israel? I don't want my tax dollars fund genocide. How can we stop this nonsense?
Tech Industry
2d
28170
How did this happen? (Meta Stock)
Location YOE?
Updated