Debating if I should leave my FAANG (Apple) job to join SNAP in this market. SNAP is paying competitively but there are some clauses with the RSU grant I have issues with. Mainly the fact that the RSUs are capped per level and they don’t give refreshers. If I had joined a couple months ago I would have lost 33% (stock went from 34 to 21). Given the Google privacy changes and then missing their earnings last quarter (and expected to lose more) I am not feeling the most bullish. Does the company have enough runway to make it through the coming recession? TC: ICT4 325K a year (with current stock price) Snap offer: L4 around 375 to 400K a year (178k stock, rest base).
Lot of words for someone who hasn't shared TC numbers for comparing two companies.
I would say try to get a retention bonus from Apple and stay at Apple. Use the retention bonus to buy Snap shares and sell OTM calls to reduce cost basis.
How would you get retention bonus at Apple? Go to HR and say you have a competing offer? Wouldn’t this risk ruining your relationship with your manager?
How do OTM calls reduce cost basis?
You didn't pay blind tax
Depends on how big a difference in TC Apple is for sure safer
Can’t read unless I see TC.
Blind should not allow people to post without TC and YOE, gdm
Haha, I was considering snap when I was interviewing last year but decided not to join, because of the…
The suspense is killing me! Also I posted TC
I would stay away…
Snap would you elaborate why???
I’m looking to leave and my opinion is that the company lacks strategy and vision. iOS changes hurt us and upcoming google changes will make things worse. I’m not optimistic about the company’s outlook and leadership. I’m not Eng
Tc or GTFO
Today I Learned
Yesterday
1156
My understanding of the Holocaust was incorrect!
Tech Industry
9h
1883
Are tech workers as rich as they think we are?
World Conflicts
Yesterday
600
Remember folks, all Israel wants is the hostages back
Health & Wellness
Yesterday
1896
I wish I had known earlier
Tech Industry
Yesterday
987
Be nice to H1B people
Snap still has tremendous potential. Look at your RSUs over a 4 year period. Having said that, Apple is a safer bet any day. What TCs are we talking about?