Have offers from these 4 companies. Don't have numbers yet. Should get concrete offer details next week. Instacart, Etsy and Pins have huge growth potential. FB has decent growth but lot of lateral mobility and interesting projects. Please give me your thoughts. Current TC: 425K (L6) YOE: 10 Update: Facebook: 600k Instacart: 510k Etsy: 440k Pinterest: Recruiter said they can't match other offers since its L5 and refused to consider L6 Decision: Accepted FB since it was clearly the better offer overall and everything else was a slight downlevel. #tech #fb #facebook #instacart #etsy #pinterest
Congrats on the offers! FB would easily beat the others in TC. Also, does Walmart pay 425k 😳? What level are you at Walmart?
Thank you for your input. I'm also fully expecting FB to beat everyone else. But I'm trying to factor in stock appreciation as well. FB has a 900B market cap, while all these other companies are under 40B right now.
Updated current level on the post.
We need TC of new offers If you’re looking to make “money” on growth then the best potential is probably Pinterest. Good WLB vs FB. Etsy will grow but not likely beat FB TC, and Instacart has switched to a 1 year equity program so you won’t have any upside there.
Thank you for the detailed inputs. Will update offer TCs as and when I get them. Should be sometime this coming week.
Actually this is not true. instacart is still 4 year equity. U r assigned a dollar value for 4 years in the offer, the number of rsu will be determined based on this dollar value and company value at the next board meeting after u join.
I live in South Bay.
That's a good point. However, most places are moving to a hybrid work model where we only need to be in office 1-2 days a week. So for the coming year, I don't mind commuting to the city once or twice a week.
Instacart and Pinterest are downlevels compared to Etsy and FB. TC wise, FB will be highest.
Agreed. Tried for L7 at Instacart but they didn't budge. How is WLB at Etsy? And what's your take on Etsy's growth potential over the next few years?
Wlb is team dependent and depends on you as well. It will be better than FB for sure. Stock is down 40%, so if you join now, there’s plenty of stock upside in the coming years. I doubt Etsy can match or even come close to FB offer.
Unfortunately, I don't think Etsy pays competitively for the Bay Area (they are headquartered in Brooklyn, and I think the comp is the same). I went through the whole interview process and was disappointed that the comp was much lower than Google. I'm skeptical of Instacart's business model, post pandemic. I think pinterest and Facebook are both good bets, but have the perception that the culture at Pinterest is better.
Thank you for the inputs. If you don't mind me asking, what level were you interviewing for?
Staff (L6 equivalent at Google). Actually, looking at your question, I'm surprised Pinterest offered L5 (I think they are on the same scale as Google and Facebook). If you are interested in going there, you might ask if they would consider you for L6. I somehow think Pinterest would be a better place to work than Facebook, but I don't know if I would accept the lower level.
I would never take a down level and seems like we are offering a down level compared to Etsy and FB. Loving IC but I’d pick FB here.
Yeah, I tried for L7 but it wasn't possible.
+1, don't go to instacart as a senior eng. I also got E6 fb offer (658k TC) but choose L7 IC (700k TC). Was surprised fb was offering so low for e6. VP approval didn't get it much higher.
Pins has better culture, stock growth potential, and wlb than FB but seems like Pins is downleveling you. I think Pins and FB are both way better for ML than Instacart. I would take FB here, it would probably be the highest offer. I don’t think you should take a downlevel from Pins.
Great inputs. Offered to do more interviews to improve leveling. Only issue is the specific team I'm interviewing with didn't look very enticing compared to FB where there are a lot of options.
Question to the people voting Instacart. Considering IC L6 is a slight down level compared to FB E6 (based on levels.fyi and some other responses here), what factors specifically favor Instacart in your opinion? WLB? Potential stock growth? Appreciate any specific reasons you can provide.
No WLB at IC
I bet their growth must be in pain as the whole country is getting vaccinated. In my opinion FB’s upsides is bigger than most of the recent IPOs. Just take a look at the stock prices of those recent IPOs. Some of them have already dropped back to the IPO price.
what is your level at walmart ? FB, PINS, Insta, Etsy