Got an IC5 offer from Lacework. Level: IC5 Base: 204K Stock options: 43K Strike price: 3$ Current price: 10$ (Is that correct?) Offered TC: 204 + 75K ?? What's the upside on stocks? What's the outlook of the company? How is the wlb? Oracle: IC3 Current TC: 300k Yoe: 6
Their current stock price is wildly wildly inflated. At $3, you are probably closer to the current value or maybe just slightly underwater. They just finally fired their CRO which is a massively positive move for the company.
The WLB and doubtful upside of the stock makes it not worth it. Also the offer is lower than your current TC.
That offer is the bottom of the band. They can go 10% higher on base and options.
You got lowballed bad. Also, where did you get the $10 stock price from? I'm curious because we weren't told anything.
I was told by the recruiter. How much should I be asking for?
Is not everyone on the bonus plan too?
Run from this place. As fast as you can. Two CEOs who make you understand why all other companies have only one. The product is decent but the competition is stiff. Run. Just Don't
The most concerning thing to me is that they don't think they have any competition. I interviewed with them some time back, full loop all the way to Ulfar, and every time I attempted to discuss positioning against competitors they laughed and dismissed it. They have a really talented workforce, but I think their lack of self awareness will be their downfall. They can't just assume that because they came from FB and Google (only one of which is really known for having a talented security team) they'll be successful.
Yeah can confirm as someone looking to leave this place.
Didn’t they just layoff 20% of their workforce?
It was all sales and customer facing roles