Got a verbal offer from Attentive for Senior. Base seems okay, but its very low on equity. Recruiter said no to sign-on. Some thoughts that I am having: - RSUs at my current company are double trigger, so would be leaving considerable amount of money on the table if I was to move now. - bump in TC is just 10% which seems low to switch. - team and work at Attentive seem great, but bump in TC is not appealing. - current company is very close to IPO, so there is potential there. Questions: - levels.fyi puts my offer at top of the band, is this accurate? - I feel like $350k TC would be something I would be comfortable with, so which part of the offer should I push for to get there ? - how are refreshers at Attentive ? - I am pretty comfortable at my current job (good wlb, and opportunity to take to become EM in less than a year), so would it be worth it the be downleveled for approx 10% bump ? - any other considerations I should account for? Current TC: 270k (190k base, rest paper💵) New TC: 297k (215k base, rest paper 💵) YOE: 5 Update: Current company matched Attentive’s offer. New TC: $310k (base: $220k, rest paper 💵). Decided to stay. Thanks all!
Why even waste everybody’s time interviewing if you already knew the comp range before hand and are chilling at your job??
Why would you take a down level for 20k? Why would you hop for 20k? Personally I wouldn't take a down level for less than an 50% bump AND a better tier company (attentive is no-tier so doubt that) or a 100% TC bump that's cash or cash like (can't comment about attentive valuation) IMO there is no room to increase the offer to something I'd take in your shoes, but you do you
Fair!
Not much incentive to switch. Need more incentive.
That equity too low. Don’t join
I rejected their offer. The team is nice, but be aware that they value their stock around $18, but it is only worth $14 in the secondary market.
Btw, if the title is senior and in SF office, you can shoot for $50k more per year.
Can you share you offer with breakdown and YOE ? And when did you receive it ?
Attentive: - Zero to very less refreshers - WLB could be bad at times - 3 days strict RTO - Pathetic leadership. Their CTO was sacked recently due to an illicit affair with an employee and a totally incompetent person was made their interim CTO, etc Good eng work in SF office and potential IPO near year, but I wouldn’t move if I were at your place at all. Not worth it
Thanks for the feedback, helpful!
The new CTO is pretty good. There definitely was a problem where the founding CEO put a lot of his incompetent friends in positions of power but they replaced the CEO and the poor performers are being let go.
It’s almost the same. Look for clout/branding and title
Attentive’s valuation is at historic low. Not a bad time to join now tbh
General trend is 409As across the board for non profitable provate companies are getting destroyed massively, and liquidity / IPOs are extremely hard so expecting anything close to peak valuations seems a pipe dream. What do you anticipate Attentive to IPO at (if they do)in the next year or so?
No chance they IPO within the next two years. Need more rigor around financial processes. And your equity technically doesn’t truly vest unless there’s a liquidity event
Negotiate with the company, this offer seems to be the lowest band for the position. I got an offer a few months ago and I got increased after the negotiation
What was your offer breakdown?
Instacart, please can you shaee your breakdown ?
If you feel like the company will IPO and you’re leaving a lot of money behind, not worth it unless you absolutely hate your work.