L5 SWE offers at FB, Lyft, Snap, Dropbox

May 2, 2018 186 Comments

Sharing my offers from 4 tech companies, after some negotiation. Offers are final.

FB: Base $185k, bonus 15%, equity $500k, sign on $100k
Lyft: 205, 0%, 700, 55
Snap: 180, ?%, 750, 40 (in stock)
Dropbox: 185, 15%, 400, 15

Equity is for 4 years.

EDIT: I had strong referrals for FB, Dropbox and Lyft.
5 years experience.

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TOP 186 Comments
  • Google Westfield
    FB equity looks low. If they can increase to $700k, go with FB.
    May 2, 2018 15
    • ServiceNow R4nd0mGuy
      Those Snap v1 glasses are horrible and they wrote off unsold stock. Now they laid off bunch of people and released v2. Did anyone see those glasses used by anyone? I never saw those glasses in the Bay Area.
      May 3, 2018
    • Snapchat uhLO00
      Snap equity is low.
      Know someone who got 2mn at level 5.
      May 6, 2018
  • Twitter thesunrise
    Lyft is not IPOing anytime soon. Take that equity with a grain of salt and value it at what it should be: $0.
    May 2, 2018 7
    • Lyft / Eng 0 b v yo 6
      Just because it's illiquid or comes with risk doesn't mean it doesn't have value.
      May 5, 2018
    • Uber s8t7kup
      The question is not whether or not I could sell it, it's indeed would you buy it for a given price (knowing you have to wait for IPO to sell it). Because once you buy it or once you get it from your company you have exactly the same thing. If you were willing to pay $X to get it then what the company gave you is worth $X as well. Maybe X is 0 for you, but it's definitely not 0 for me.
      May 5, 2018
  • Snapchat WtfSnap
    If you want to optimize for liquid TC, join Snap. Join in July and you’ll get stock based on may and June. Stock price will be super low.
    May 2, 2018 11
    • Snapchat
      🐰🐶🦊🐱☮️

      Snapchat

      PRE
      Google
      🐰🐶🦊🐱☮️more
      Snap isn't backloaded anymore (for new hires) and a lot of teams are hiring for Seattle as well. Not advocating working here, just clearing up some things :)
      May 4, 2018
    • Snapchat barracuda
      They do relocation aid. You get a furnished place by the beach for a month and if you don't use the moving company you could get ~$10k on top of sign-on bonus
      May 6, 2018
  • Microsoft / Eng
    yKId44

    Microsoft Eng

    PRE
    Amazon
    yKId44more
    It's probably a stupid question. But, what are you taking?
    May 2, 2018 1
    • Flagged by the community.

  • Microsoft etOA87
    Did you do a masters? This seems very high for 5 years exp...
    May 2, 2018 3
    • Google wtf?!
      A master's doesn't improve earning much at all.
      May 4, 2018
    • Microsoft
      Bfmg

      Microsoft

      PRE
      Amazon
      Bfmgmore
      Lol why would a masters improve his earnings
      May 4, 2018
  • Google / Eng fart
    What was your strategy? Did you reveal your current level + package?
    May 2, 2018 9
    • Facebook / Eng
      DlRg01

      Facebook Eng

      BIO
      .
      DlRg01more
      how did you delay talking about numbers? I think they gave the offer with comp together.
      Jun 5, 2018
    • Cruise Automation / Eng ✉️
      In my case they've usually verbally given me an offer first and then asked me about numbers or a chance to talk on the phone. I just say I'd like to finish up with other interviews and they've been fine with that.
      Jun 5, 2018
  • Daimler 3$420C
    Am curious. Are these salaries the norm these days? Or do you have to be exceptional for such offers. Especially Lyft, is that normal for L5
    May 2, 2018 5
    • Uber safE08
      Lyft is higher bc their stock isn't liquid.
      May 3, 2018
    • LinkedIn nobody7
      Also Lyft has no bonus
      May 3, 2018
  • Microsoft wfhome
    How did you get L5 in Google in 5 years? That’s crazy fast.
    May 3, 2018 15
    • Microsoft wfhome
      In any case, point proven. I am not doing well in my career.
      May 4, 2018
    • Snapchat jJUw58
      I have a friend who got L5 at Google in 3.5 years out of college. He's exceptional.
      Jun 13, 2018
  • Amazon / Eng 🤠cowboy
    Man I was stoked that my comp broke 200k this year. I need to make senior.
    May 2, 2018 1
    • Uber safE08
      You and me both brother
      May 3, 2018
  • Facebook Gwkdtp
    Negotiate with Facebook to increase equity to 600-700, then take it. Lyft does not have refresher. Snap won’t exist for 4 years. Dropbox, as much as I like their culture, their offer is too low.
    May 2, 2018 2
    • Lyft xbf43q
      We do have refreshers, but only after 2 years
      May 4, 2018
    • Oracle / Eng
      tyxiba

      Oracle Eng

      PRE
      Deloitte, IBM
      BIO
      Client facing engineer here. I'm a people person I tell ya!
      tyxibamore
      @xbf43q - does Lyft have buyback programs, or is everyone stuck until you IPO?
      May 21, 2018

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