Facebook -which competing offers matter?
Which companies does it actually matter to have competing offers from with Facebook? Obviously Google... Do they care about any unicorns?
Actually private company offers work better in comp negotiation with FB.
Interesting. I've heard that Google significantly undervalues private stock, is FB not the same?
50%-70%. Using T5/E5 level for example, when your initial FB offer is 400k rsu, it’s much easier to get >1M offer from Uber, Lyft or Pinterest and ask FB match to 500k+ than getting that 500k+ directly from a public company. G may do that only if they think you are borderline T6, in which case G offer you 600-700k but FB will refuse to match if they don’t feel you’re at E6 caliber. If they do, they’ll offer that much at the first place and the best shot to further negotiate is still private company offers with say >1.5M stock.
Do they actually verify if u got an offer from another company?
From competitive point: nothing but Google . Microsoft doesn't. Amazon may if it's for a higher level. This is from experience. That being said, it also depends on how good was your interview. Offers from other companies aren't only competitive but also additive to evaluation of your skills by a company. Rationale behind this is: A successful interview says with high probability this guy will succeed in job..let's say 80/20 assuming 1 out of 5 hires all passed interviews fail to succeed. If you succeed in another well-formed interview it is another sign that you are good, so makes 90/10 another one makes 95/5 etc... So from evaluation perspective quantity of offers also matters.
Hooli
Fuck I'm already there. I designed the signature for Box 3 will that help negotiation?
return c==3