Have 2 roughly equivalent offers in terms of TC. T6 at Lyft vs L3 at Stripe. Curious about people’s general thoughts about the upside potential of both companies. Lyft is down big since IPO and stagnant in a 1yr window. Stripe’s valuation per funding rounds has been on a tear, but their equity comp is illiquid which makes things hard to compare. Also, anyone here worked at both? Curious about how engineering culture stacks up between the 2. TC 420k🪴🔥 5YOE
Is stripe offer the new policy (no equity upside)? How much are the offers?
Both are per-year equity grants, yes. TC in mid-high 400s basically the same numbers between the 2
The question is whether stripe is granting $ value per event/year (new policy) or # of shares (traditional)
What are the offers?
Congrats! Why are you leaving btw? Sounds like culture matters more to you?
Role/projects and growth opportunity. I’m a big fish in a weird niche at FB right now and looking to become a small fish again.
IMO stripe sounds like they’re releasing greenfield projects left and right which is exciting, but I’ve also heard a lot of talent leaving for better or worse.
What are the offers?
Lyft stock will pop 50-70% in the next 2 years. Stripe will probably 3x but the illiquidity sucks. WLB at Lyft is super chill. WLB at Stripe is crazy. I would pick Lyft but Stripe probably offers more growth opportunities.
Listen to the guy with the crystal ball
Look at leading analyst reports
I’ve worked at both Stripe and Lyft and have had the exact opposite experience with WLB. Lyft WLB was awful, and the 2 different teams I’ve been on at Stripe have both been fantastic. It is almost always team dependent, and the claims that Stripe as a whole has bad WLB are baseless and get repeated frequently by people that don’t work here 🙄 I would go with Stripe 100%
Do you have any specific insight into the differences between infra orgs at Lyft and Stripe?
I heard Stripe's culture is pretty good and I was inclined to apply for Seattle location at one point. Some of my ex colleagues (from ThroughtWorks) work there and have been telling great things. I am pretty sure about its IPO and growth too. The only personal downside for me is I heard they have one monolith ruby-on-rails application which made me change my mind. This may sound absurd for some people but it really mattered to me given the nightmares I faced with Ruby. Sorry if I offended some Ruby lovers
OP, what did you decide?
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T6 at 5 YOE!!! Wow! Are you E6 at FB already?
E5 but lots of stock appreciation so high TC rn
So 420k is without appreciation