CompensationJun 3, 2018
Capital Oneuberslack

Evaluate uber L6 offer

Got an offer for an L6 at Uber SFO as follows: Base - 230K Target Cash Bonus - 41K Equity Grant - 900K Refresher - 175K Is this a good offer to move to west coast? Already earning 200K at East Coast non-metro.

Add a comment
Google tc=380;y=7 Jun 3, 2018

looks like low equity for that level. IIUC this is top <3% of engineering at Uber

Capital One uberslack OP Jun 3, 2018

i didnt follow " IIUC this is top <3% of engineering at Uber" What should be a good equity offer? Also do you think there is room to negotiate the cash as the cost of living is going to go up atleast 2.5-3x than the east coast.

Google tc=380;y=7 Jun 3, 2018

probably not. that's enough cash in the bay for general expenses. I'm saying this is a very high level, only the top 3% at Uber is this level. (if I understand correctly)

Uber 76fg45 Jun 3, 2018

Yoe?

Capital One uberslack OP Jun 3, 2018

i have 17+ YOE. Also, manage multiple teams.

Twitter FANGT Jun 3, 2018

Is this for an IC role at uber?

Google Huhf13 Jun 3, 2018

It's not bad. Your equity will ramp

Capital One uberslack OP Jun 3, 2018

can you explain what it means by "equity will ramp?"

Google Huhf13 Jun 3, 2018

If you perform well, your equity refreshes will be greater than initial grant

Uber Hahha Jun 3, 2018

Seems like non-eng

Capital One uberslack OP Jun 3, 2018

No it is for SE only.

Twitter pdbr Jun 6, 2018

What is se

Uber autodrive Jun 3, 2018

negotiate higher on the stock. Otherwise a good offer. What stock value is 900K being calculated on?

Capital One uberslack OP Jun 3, 2018

i am earning 200K base here in non-metro area on east coast. And getting offers of same ballpark in this area. Only stock is different so was hoping to achieve a higher base for SFO considering the abnormally high rent/to-own costs (approx 3x higher). What would be an ideal comp for my case? Also, i am quoted $33.

Uber autodrive Jun 3, 2018

Base has the lowest room for Negotiation generally. Given you're already at 230 very unlikely base will change much. $33 is good.

Google tc=380;y=7 Jun 3, 2018

you might also want to look into Uber NYC if you want to be on the east coast?

Capital One uberslack OP Jun 3, 2018

thanks. No matching roles.

Amazon yohero Jun 3, 2018

Is equity grant calculated on 409a or preferred price ?

Capital One uberslack OP Jun 3, 2018

409a

Amazon yohero Jun 3, 2018

It's decent/good offer take it. U r actual RSU is over 1.4 millio based on preferred price. Good one.

Lyft frxd02 Jun 3, 2018

How much is each share

Google iegb37 Jun 3, 2018

Base is amazing. You can negotiate a bit on the equity. Be sure to ask them what valuation they are giving you the rsus at

Yahoo Truth Jun 3, 2018

#humblebrag