Offer evaluation Confluent Vs Chime

Apr 9, 2021 23 Comments

Posting on behalf of a friend.

Have received multiple offers and looking to evaluate them for total compensation and growth in equity. I have few offers in hand(chime - Sr SWE, confluent- Sr SWE) few offers details TBD(google- L4, Twitter- Sr SWE), and hoping for an offer from Netflix - Sr SWE.

The main offers in hand are confluent and chime. Both have similar base + bonus (~210 ish) and similar equity (~635 ish) over 4 years. WLB and benefits are comparable. Need more insight on possible equity growth.

Netflix has hinted at an offer, and google has lowballed as usual. Twitter suggested comp around ~350k

Current TC: ~350+k [Can't stay at current company its been taken over by some other company]
Yoe: 7

What should I do?
#offer #evaluation #Confluent #chime #netflix #google

Update: with a heavy heart declined Netflix and went with chime

Updated offers:
Chime: 190k + 10% bonus + 15k RSUs(accepted)
Confluent: 205k + $635k RSUs (after negotiations)
Netflix: 450k (no negotiation could have gotten more)
Facebook: 203k + 90k signon + 15% bonus + $637k RSU ( didn’t negotiate, there was some room I think)
Google: 173k +20k + $448k + 15% Bonus (after negotiating this is the best they came up with. Even HR knew it’s not good enough)
Twitter : 393k

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TOP 23 Comments
  • wait for netflix, could be 500k
    Apr 9, 2021 2
  • OP
    No, that’s the best they offered. But chime is giving me 15k units n confluent is giving me approx 625k worth rsus
    Apr 11, 2021 4
  • This comment was deleted by original commenter.

    • strike price is a term for options, not RSU
      Apr 9, 2021
    • still cash, just a little less cash. but would you bet it goes up or down in a four year time frame?
      To be clear, I also vote for Netflix over Google in this case, but that’s because Google L4 offer will be much lower than Netflix, not because liquidity concern.
      Apr 10, 2021
  • PayPal
    ai_ml

    Go to company page PayPal

    ai_ml
    Does confluent offer a bonus? I thought there was no yearly bonus for confluent - or do you mean a sign-on bonus?

    Also curious on YOE. Congras
    May 10, 2021 3
    • PayPal
      ai_ml

      Go to company page PayPal

      ai_ml
      Thanks OP. Wondering if Confluent was final offer? 635k seems lower, based on other Blind threads where 50k-60k options were given with value of 800k-1M. (33 price, strike 13)

      Also wondering why not considering Facebook? Its still more than Chime right?
      May 10, 2021
    • OP
      They stopped giving options this close to ipo
      Jun 14, 2021
  • How was your experience with Confluent? Any idea what kind of projects they work on - as in was there more emphasis on product development ground up than assembling using existing pieces?
    Apr 17, 2021 1
    • OP
      Confluent was not giving away any details about their finances like is the company profitable, revenue, etc. It was difficult to commit to the company with compensation in the form of stocks when I had no idea what the finances looked like.
      May 10, 2021