Google offer vs staying in snowflake
joined snowflake a year ago. Got stocks after final round of fund raising (strike price around 8) 20k options per year. Tc at snowflake 360k (200kbase /20k options per year ) got google L6 offer TC 470k (base 200/ 210k stock/60k bonus) given snowflake is going for IPO/aquisition is it a nice idea to move at this point of time. yoe: 15
How do you like snowflake?
Work culture is good. Not too much pressure. Easy going manager. Work wise not too interesting as this is not my area of expertise.
Can I get a referral to snowflake?
YOE?
15 yoe
Google. Better tc and branding.
Is the Snowflake stock ISOs or RSUs? If RSUs, I'd wait until fully vested then jump. I can't imagine your IPO not crushing, unless something macro happens and takes the market with it.
How much do you have vested already?
L6 at Google for sure. Unless you're part of the leadership team at Snowflake
Just an engineer
Definitely Google then. Even if Snowflake IPOs, the data startups haven't been doing well on the market - look at Cloudera for example. We don't even know if Snowflake is already profitable or not - and the market hasn't been kind to non profitable companies - like Uber, Lyft etc
Blind is obsessed with google. It’s non sensical.
Personally - as someone who evaluates products every day per my role, I see a diminishing future for Snowflake. Right now it’s doing really good but, Amazon Redshift is going to capture the market that it lost to Snowflake. There’s Databricks Deltalake as well that’s competing in the same area and is gaining ground pretty fast. Long term, I wouldn’t stay with Snowflake.
Whats the title of your role? 2 yoe vlsi engineer wanting to understand future career options
Mine is Enterprise Platform Architect. YOE 14. When I say long term, it’s at least 3-5 years.
Take that L6 unless Snowflake is net profitable.
Most Companies filing for IPO are not profitable. Amazon is a great example...
Snowflake- it will go IPO for sure