Got an offer for SWE with 200k base, 12k units (vesting over 4 years), 15% bonus & no sign-on. YOE : 6+ Is this a fair offer? Also given they are going to go public soon is this a good time to join? what kind of upside can we expect? What is the price that they will IPO at? #Marqeta #offer #ipo #fintech #startup #tech EDIT : current TC 185k
Which team?
OP, you probably interviewed for Sr SWE. It’s a good offer from MQ but you may have better offer from other companies. The comment that they are not technical is very wrong. Some of the best engineers in Bay Area or anywhere work here as there very few systems that are as complex as issuing processing in the entire map of distributed systems. It’s fast growing and hence there are lots of opportunities to add value.
Hi Backon can I dm you ?
Did you join the company ?
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Not sure about upside but the people there are not very technical. I got slightly better offer and declined.
Not very technical as in? Which team was it?
Half of my interviewers would not pass typical FAANG interviews and play politics. That was my impression. I could be wrong but I went with my gut feeling. It was not one team but multiple teams.