Instacart: 215K base (no bonus) + 1M RSU (17000 shares, no annual refresh), $60 per share (signed already) Databricks: 185K base (15% bonus) + 1.4M RSU (8000 shares, with annual refresh), $177 per share Based on the new evaluation, Instacart's RSU is now doubled, but Databricks' offer is still pretty competitive and I do think the future of the company is very promising. Which offer would you choose now and why?
Level?
Instacart’s offer is based on recent valuation? IMO, DB has much more potential than Instacart. I like Instacart though and I feel they have good growth ahead of them but no where near DB.
60 a share is 17.7 billion evaluation. Adjusted for recent evaluation, OPs offer is 2.2 million in RSUs
Offers are close and depends on whether you think Instacart at 39 billion evaluation or Databricks at 28 billion is a better price
wtf? Databricks crashed it
Congrats OP! YOE and level?
Databricks has gone up 4x in the last 6 months. It's tough to imagine another 2x. Compare that to the instacart shares which have already doubled...seems like an easy call to me. You can PM me to discuss more but I think Blind is being dumb here.
> It's tough to imagine another 2x. Easy 100B, especially given Snowflake/PLTR's valuation (DB is way better than Snowflake/PLTR)
Snowflake stock has crashed to 52b valuation if you are paying attention
Is this a L5 offer or L4 offer
Looks like L6-7+
no, the databricks offer is between l4 and l5
Of course Databricks. Don’t underestimate the value and potential of enterprise business
Referral possible?
Yes if you have good background
Do they put share numbers or dollar amount in offer letter?
there was a post boycotting DB due to new stripe like policy, but probably just rumor
YOE?
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I think Databricks has more enduring value. Not sure how well grocery delivery business will hold up after the pandemic. Also, the vague sense Instacart is exploiting delivery workers.