Base: 240k Equity: 130K (400 over 3 years) TC: 370k Position: high senior (equivalent to L6/M1 in industry) How is this offer? Stock is down 60% from IPO price. Does anyone have confidence the company will turn around? Layoffs soon?
If you index on cash it’s a good offer. If you believe there is huge upside than equity is on the low side.
Do they offer any partner with tc? Like girl next door
How does the company make money?
Primarily ads
What is the cliff on the RSU ? Any bonuses?
1 year. No bonus
Since the cliff is one year and high chance stock might go down even further and the chances of layoffs are high especially for a new joiner . I would judge this offer based on base alone for TC of 240 not worth the jump ,see if they are willing to remove the 1 year cliff and go with quarterly vesting or give you a sign-on bonus otherwise hardpass.
No sign on?
Unfortunately no… that and the lower equity is probably the deal breaker that really prevents me from taking it. I had already negotiated to get the numbers you’re seeing.
This post is a reality check on how underpaid I am
Only gamble here is equity. If you hold on to it AND IF the stock hits even $6 your rsu will double. Also as far as I know rsu vesting is quarterly at Nextdoor
There is no 1 year cliff. It’s quarterly vesting and your first vest date is the quarter after you start. No signals of layoffs that I’ve seen
YOE?
6