With stagnated growth as SWE and the bad management, I am looking to move out. I feel it makes sense to move out rather than change team as moving out I can get better opportunities. I have offers from FB and Nextdoor which I am mostly evaluating. Both are offering equivalent level and comp wise FB is definitely slightly higher but Nextdoor has IPO on the horizon (as what has been told by recruiter). As per them, they are hiring a lot and recent change in the CEO are all part of the plan to go ipo. However I don’t see any hype/media coverage, so not sure how far it is from IPO or would it ever go in next 1-2 years. Fb has a yearly refreshers and bonus but nextdoor recruiter was very hesitant in explaining the annual comp changes and mentioned it’s a lot handled by managers and they don’t have any refreshers but slight cash component if any. Fb: 160/380/40 Nextdoor: 170/375k worth of options. I understand fb stocks is real money but heard that there are concerns in its stock future growth and in case of nextdoor I have to first buy the options but recruiter said the last valuation was done in 2019 so it would be as per that and if I leave before ipo then I can keep/sell them in secondary market (not familiar a lot about secondary market concept). I am really confused as I am liking the work and team at nextdoor based on my talks but worried whether I will be leaving real money with Fb and getting biased with all the recent ipo stories. So, I was hoping to gather the advice/suggestions/thoughts of FB/Nextdoor employees and other Blinders. How good you think Nextdoor ipo would be or would these options make me rich 🤑 ? Edit: Attached poll but please spare a minute to explain the reason/thought for your selection, that would help me a lot. #Nextdoor #facebook
If you like the work and people better at Nextdoor go with Nextdoor. There is more to life than maximizing $. And you may end up making way more due to IPO. Take a chance for a year or two on it. FAANG will be there waiting for you in two years if it doesn’t pan out.
I personally am biased towards startups and would suggest to go to startups with recent day tech hype reducing the uncertainty on startup equity (so you gain both growth and money). That said, I don't know if Nextdoor specifically is a solid company. I'm failing to see the value and moat behind their product.
Yoe?
I wouldn’t even hesitate to pick Facebook. It’s the bigger company.
Facebook stock is most undervalued in faang due to bad PR. Facebook will gave higher upside than nextdoor once PR thing settles down. See the amount of money Fb is printing. But wlb would be worse at Fb.
Really why?
I don’t have any insight in either company. I imagine working in FB is mostly focusing on a small and specific area, while in Nextdoor, you would have a better chance to work on several evolving components. Working in smaller companies would be a very different experience as they won’t have many supporting teams you can rely on. But if I were you, I’ll join Nextdoor for an year or two, as the TC is not diff much. After get in I would have more insights if this company is doing well, and checkout early if not. FAANG are going be there for another decade at lease I suppose. However, no one knows whether those options worth a penny in the future. My husband left a start-up whose options ended up worthless that his 200k worth option became 2k in the end.
User p**** from FB replied to my thread saying I shouldn’t give such advice given I don’t even work for a T1 company. Well said. Unfortunately he/she has removed the response. OP you should understand which company you work for definitely impact how some people value you. I realize it’s a good thing that I didn’t change my company tag for this account, otherwise I won’t be able to know how Blinders see me if I have stayed lol
No matter what anyone say, I appreciate your response and it is very constructive opinion. Thank you taking time to share your thoughts. One doesn’t need to be working at a particular place to give a good advice. Thank you once again.
Nextdoor 📈📈📈
What level would you be coming in at? Go to FB if you want higher liquid equity and a more structured business model. Go to Nextdoor if you want higher potential TC and have the ability to directly affect your company’s future.
What’s your role? Swe or pm or something else?
SWE