I work at MSFT Redmond and recently got an offer from UBER SF (design position). The base is way lower and the benefits are not as good. Only the equity is higher but it takes 4 years to vest. Should I take it? Many thanks in advance!!
Bad time to join Uber, competition will keep heating up, shitty wlb. You missed that boat. Just my opinion.
With all due respect, this feels really misinformed. Wlb seems to be at an all-time high since our most recent cultural changes. In fact, I'd say it seems to be well above average (as in less hours worked) compared to other big companies
Uber has lost a lot of ground in the past year and has been forced to exit several markets. India is next. More troubling TK was right that self-driving is an existential threat. Unfortunately Waymo is leading the way and has partnered with Lyft and everyone but Uber. JoinIng Uber is like joining Snap just before IPO. Competition has heated up and the business has slowed down. Most people that joined late did not do well at Snap.
Not sure if OP had stayed in SF before but given high rents and cost of living, the pay cut will pinch once you move to SF. Uber was a good bet a couple years back and I don’t think you should consider it unless you’re there’s another reason.
The new Base must match your current base at least.
Tell the recruiter you cant join if base cannot match ur current base (try to bloat ur current by extra 10k). If they get near/exceed your current then go for it. Sf cost of living is crazy and a hit on base will make it worst
What do you mean with equity takes 4 years to vest? U want a mil up front? Be honored we accepted your candidacy
What drugs did u take
I’m doing a reverse career move right now. IMHO: - don’t take a cut in base pay. Unless you feel that you’re over paid right now, You’ll regret it. SF is way way more expensive than Seattle when you look at bang for your buck - Uber does not have 401k match, espp, or any of the MS additional monetary perks. Apart from your base, stock and bonus, there are no avenues to earn more money. Uber credits, gym and phone make up for just around $318/mo. - bonus also now has fixed targets - if your TC - base + bonus target + (equity/4) is lower than msft, it’s probably not worth the move - be ready to commute. We are in the center of SF, so unless you want to live the city life without the ease of driving to work like you would in Bellevue / Redmond, be ready to work it out. (It was a big change for me) That being said, if 💰 not a priority, - Go for Uber if you want to check out a new industry - our scale is massive and problems are unique - you will learn to be scrappy and thrifty - We are in a low margin, high volume, hyper competitive, under-the-limelight business. It’s fun to know so much more about an industry that is fast evolving and the intrigue of many - you will work 3 jobs. Be prepared for that - burn out here is a real thing. Folks at Uber now are 1. over-paid engineers from F/G who keep complaining about the food, 2. OGs who have been here since 2015 with a huge stockpile of unvested RSUs and 3. nUbers who started in the last year and are still settling in
NO
Provide comp breakdown and dates if you want any advice