Hi, One of my friends got an offer from doordash, the base looks ok but RSUs are just about $100K. Just wondering if it's a good enough to take or worth negotiating. Any thoughts will help. His exp is about 7 years. Thanks
TC $275K
Mind clarifying the breakdown? Is that $250k base+$25k in RSUs per year?
BI is not a specialization that pays well, in my experience. I think he needs more RSUs, since base is probably not going up. I've heard much more junior people getting more. However since door dash isn't public, more RSUs might not be a blessing (if they go to 0, you lose the income tax paid on them).
Most pvt companies have double trigger vesting for RSUs i.e. vested RSUs are taxed only upon a liquidity event.
Oh okay, that makes sense. My friend got an offer from them but didn't know how stock compensation worked, so I assumed they vested like options.
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