Dropbox vs. AirBnB
Have offers from both, total comp is similar but a significantly higher portion of the Dropbox offer is cash. Dropbox work sounds a bit more interesting, but AirBnB has the boot camp approach which I love. I'm supposing a valuation of Dropbox around $6B for these numbers based on my own calculation (their last actual valuation was 2014 so it's not clear), AirBnB at $30B recently... not sure which is more likely to be true post-IPO. I'm leaning towards the Dropbox offer here, although I recognize growth potential is higher at AirBnB. Thoughts on both companies right now? Also, which would be more helpful for future career as a name on the resume?
Dropbox. Close to IPO and they have solid engineering problems with some really good talent.
Just curious, what is the solid engineering problem you are referring to?
Go/Python at scale, handling billions of events per day, handling petabyes of data, new business sync initiatives, etc. I don't work there yet, but those are some of the engineering problems I was curious about
Both will go public. Hopefully within 2 years. Dropbox will be worth less than it's strike. Airbnb who knows
Mind share the offer numbers?
Too revealing on my identity, sorry
Airbnb... they actually have a future
DB is losing money. I would not go there but that's just my opinion.
So then they're both losing money. Idk.
I will choose Airbnb
Me too, did you get the offer?
first time hearing the $6B number for Dropbox, their series c in 2014 was at $10B. you're either getting a bargain, or they're hemoraging money and would have had to do a down round. high cash gives you margin of safety, but if you're looking to hit it big post IPO I would go with Airbnb. edit: see Forbes had an article out guessing at their valuation due to revenue and compared to Box. their guess was 5-6B.
I should mention - 6B is based on my own calculation, recruiters don't say a specific number.
you should ask recruiter. if they're still valuing themselves at $10B.... offers from Uber on here said they give stock valued at $60B when last round at $70B and secondary market around $50B. if they're not willing to inform you how much they value the company at ,that's sketch.
Both of them are expected to IPO within a year FYI
How do you know that about airbnb? I saw the news about Dropbox hiring underwriters
The CEO mentioned that they are one year deep in the two year IPO process in an interview. This was a few months back
My thoughts were dropboxs business outlook does not look good (it's unfortunate because I have many friends there). Dropbox had a 10B valuation years ago but now has 4-6. The business itself has proven indefensible as box, drive, etc have duplicated the product and the company has failed to move into other places (they've tried with paper but who uses it over quip or google docs?). Airbnb on the other hand is continuing to grow rapidly with no end in sight. Not sure how highly you value of value of equity and company growth is an interest to you but they weighed heavily on my decision.
The travel industry is huge (3T?) and no one is really innovating in it beyond Airbnb. The homes industry itself has plenty of room to grow. It could even be bigger than 3x.
How was the Airbnb interview? if you don't mind me asking. I have one next week. also I would choose Airbnb over Dropbox.
Very different. Bring your laptop with your own dev environment. It's a time crunch to get everything working in time but I wouldn't say the problems are particularly difficult. Phone interview problems were actually a bit tougher.
Also, don't neglect the culture fit interviews, they're really important.