I'm happy it's over. Happy I get to keep my house, at least for a little while longer. No guarantee I won't get laid off again lol Got laid off by Meta back in November and have been prepping and interviewing ever since. Seeing my colleagues placing instantly really messed with me. I'm LCOL so I was pretty sure I was going to get dicked hard, so may have went overboard. I ended up getting 7 offers, but opted to go with a smaller startup with full cash compensation. 100% sure naming them would dox myself. Maybe this is a brag post, but someone else was complaining they were feeling nervous because there haven't been many brag posts recently. So maybe this helps? But man, it's a huge weight off my shoulders. YOE: 8 TC: 245 -> 0 -> 315
Congrats!
Nice, 315 all cash in LCOL?
Very strange. But congrats
Yeah, base+bonus+stacking cash awards It's remote, I'm LCOL, not the company
Congratulations. You must feel a huge sense of relief!
Congrats!!! One door closed is another door for opportunity
Congrats! Hopefully the startup runway lasts for a year or two, long enough for you to find something even better (if you need to)!
Congratulations! Could you talk about your any offers that don’t dox you?
Sure thing! I also had offers from Roblox and Amazon that were around the same TC, but Roblox dropped remote in the middle of the process. The others were a mix of VR tech and game studios that were around 200-280 TC. They were all remote
Very cool! Thanks.
Impact of a startup, tc in cash, and a raise. You UPGRADED, my friend. This was a blessing in disguise. Nice job!
Congratulations
It’s a great time for smaller companies and startups to scoop up good talent imo.
Full cash 315k is smart. Congrats
smart? you can only determine that in hindsight. Getting an all cash offer in November 2021 seems to been the "smartest" time to get an all cash offer since Jan 2020. getting an all cash offer could be either dumb or smart in Feb 2023. We don't know yet what the stock market will look like in Feb 2024.
Cash can buy any stock you want, and both are subject to the same income taxes if the company is public (or private RSU). Cash is always best if TC is same. Now private ISO is a different beast in itself or private stocks that you can’t easily buy ofor that “startup dream”. That’s valid but have huge tax risks in them either in AMT or RSU tax. All cash is never going to be “dumb” especially at 315k - it may not be the most optimal or the lottery one at points, but it’s never dumb. The same cannot be said for the other way