FB vs Better.com
Help me decide between better.com and FB. Both offers are for Austin better.com(250K total): pros: * can WFH permanently * not great pay as Facebook(assuming FB will beat my better.com offer) * good WLB cons: * pre IPO not sure about growth post covid * Not stable as FB FB.com(E4)(waiting on numbers): pros: * good pay and benefits * stable * new team and great opportunity to learn(building from scratch) * (good to have FB on resume) cons: * need to commute to office post covid * bad WLB I am on a visa so need to think about stability as well. thanks #tech #facebook #bettermortgage
Better Mortgage
IMO your upside at better is probably way higher. They are solving a real problem. However, FB on the resume opens a ton of doors. If you have a “gold plated” background I’d go better. If not, there’s an argument to be made 2 years at FB will set you up better longer term. Let us know what you do!
I worked for 2 years at Amazon and 3 at Microsoft(my learning is stagnant in Microsoft though ) , I am kind of inclined towards Facebook . Also there is no guarantee on what strike price I am going to get from better.com . That makes me feel fb is a better choice
Posts that did not age well
If you’re fairly early in your engineering career, I’d go for FB. Having FB on your resume will set you a really nice path for the rest of your engineering career. Devote one year there and you will have companies fall over themselves competing with each other for you to interview for them.
Is Facebook an SWE or Enterprise Engineer? I thought Facebook doesn’t have SWE in Austin
I really don’t recommend Better - CEO is a lunatic / very unstable / shitty human being. Go to Facebook.
One could make the same argument about Zuck.
The difference is you’re not exposed to Zuck constantly
I would choose better. If you like what you see after you start, great. If not, you can quit and accept the fb offer.
If stability is a concern I would recommend not going with Better. Mortgages are one of the most cyclical markets imaginable, and the growth we've experienced is directly tied to market conditions - not intrinsic value. As others have mentioned, management is also highly inexperienced and quite toxic.
Don’t think tech provides intrinsic value? Disrupting traditional mortgage lending with tech is the mission. A portion of growth was due to market conditions, but there’s plenty of market share to take so we can keep growing aggressively even if volume this year is less. We did almost 10X revenue last year, but this year doing at least 2X seems totally feasible.
Feels like talk about CPO and reply by CPO.
Better if they IPO
Absolutely do not recommend better. Terrible culture.
One thing to be highly concerned about is that pretty much every mortgage company had their best year ever in 2020. There is extremely tough competition in the low cost/call center mortgage market. Better had good marketing and UX but I don’t think their core capabilities are likely to be much better than bigger competitors. Source: used to work at a bigger mortgage company.
What level at FB?
E4