I have my offers narrowed down to Lyft and Robinhood. With very similar offers (distributed systems) between 400-450, any thoughts? Whats a good way to evaluate between public and private equity? Current tc: 325 yoe: 6
Look at lyft and Uber stock and their (lack) of earnings. Now ask yourself: do I think the business model is sustainable for these companies? Lyft stock is as good the soonest you can liquidate, Robinhood can have a giant exit. At this point I think lyft has more risk in the stock value vs the upside of Robinhood going public
Go for Robinhood if you want to be on a rocketship. They just launched in UK and they have great potential.
Do you have any child or responsibility? I would personally choose robinhood
No kids, I guess I can do away with relatively less wlb rn.
Join based on which company based on which one has the engineering problems you're more interested in. For the equity portion, I'd base it on if you need money now vs later. The market it's very crazy right now, but try to not let that influence your long term thinking. Our last two earnings reports were very good 😀
Engineering wise they both seem to be challenging which is good. I'm finding it hard to compare the compensation part of both offers. Can Lyft go up? Maybe. How much? Not sure. Can Robinhood go up 3-4 fold to offset the illiquidity risk involved? Not sure
Robinhood. No question.
Interesting... Any specific reasons?
Am interested in reasons too
Robinhood. their valuation is billions while only having hundreds of ppl.
Yeah. My confusion is whether it'll go up or by how much. Some much bigger competitors like eTrade are less than double as worth as Robinhood. So that kinda makes it unlikely that Robinhood can grow multiple folds.
Think about the untapped European market. Plus the fact that the current users is growing up more and more which means they will have more money to trade on it. Plus the release of cash management will attract many new users too. I'd say there is still a lot of room for growth.
plus I have talk to some of their engineers, and they are all insanely smart.
Lyft
oh why?
"oh why" though?
Also, any thoughts about the growing competitor pool? There are so many zero commission trading platforms now. One of the more popular ones being "webull". They are small rn although mighty.
This might be stating the obvious, but I think Lyft is more liquid with less upside, while Robinhood will have more upside for more risk/illiquidity. I'd personally choose base on commute.
Commute is pretty similar, ~30 min each. I live in the middle. I guess I'm looking for some inputs about how to evaluate the upside that Robinhood has in numbers. Like, if robinhood was giving me a million dollar worth of rsu per year, it would be a no brainer.
How much is it giving you?