Received an offer from Limebike. Is it worth moving there when this space (microbility) is so crowded? Role : Sr SWE Base : $200k Bonus : 0-40% (depending on performance) Paper money : 8M options - worth about $400k (vesting period is 3 years) Projected TC : year 1 is $360 to $380k (this includes paper money) Current TC : $320k Limebike doesn't provide 401k match. Also, benefits are okay. It's a permanent wfh role.
Tech Industry
Yesterday
1813
Quitting this Slave life
India
Yesterday
670
Who are these retards asking for dictatorship in India?
Tech Industry
Yesterday
1442
The end of Backdoor Roth?!
2024 Presidential Election
Yesterday
651
Heartwarming peaceful protests
India
Yesterday
601
Modi is a legend, will be remembered for centuries to come
I’d stay at Google
You don't think they will fly after IPO?
No, they will die in this recession
Is Limebike same as Lime?
Yes
They haven't used LimeBike in years that's not even the Corp name... your offer says Limbike? Lol
Bruh, no sane person leaves Google to go to some company like Limebike for just an 8% TC boost
I am thinking only from the perspective of IPO ride.
Recessions kill IPOs. This isn’t 2020/1 anymore.
What happens to options if you leave before company goes IPO?
Gone. There is no buyback program :(
In this market it does not look like they’ll go public
Really? YOE?
7
What’s your reason for going with Lime ? R u Fulltime @ Google? L5? I don’t want to prematurely give some opinion
I am L5 at G. Just looking to do something different. Lime bike is valued quite low but public data suggests they are doing well.
No
They have funding but life sucks there as quality of people is low.
Did you work there before?
Received similar offer and spoke with couple of Ex-Lime folks.
Don’t do it OP, it does not make any sense from any angle… What are you looking for? A get-rich-quick gamble? Why?
You don't think Lime will do well?
Less than a month ago: https://electrek.co/2022/06/10/bird-scooter-lays-off-staff/amp/ Electric scooter and micromobility giant Bird lays off 23% of employees in extreme cost cutting https://techcrunch.com/2022/06/22/superpedestrian-voi-among-the-latest-micromobility-layoffs/ As layoffs tear through the startup world, the micromobility industry, which has long struggled to be profitable, is getting hit.
Google ->limebike???
Why not?
This is like diving into a septic tank after a fresh shower