Current DS at Meta considering a DS role at Reddit Current TC $250k (stock drop) Reddit TC $280k -3 year vest - no refreshers - $10B valuation - no signing bonus If I stay, will likely move into mgr role in 6-12 months. However, reddit is also having fast growth so possibility exists at either company. Thoughts?
At Reddit you have to deal with Redditors who are everything wrong with the universe
Interesting take from someone writing on a blind thread lol
I mean Blind is toxic, but Reddit is 7th layer of hell toxic.
The offer doesn’t look worth a move in my opinion. You will get a refresher next year. And Meta stock will improve from here over a two year horizon. And lastly manager role at Reddit isn’t equivalent to manager role at Meta.
Great points thank you!
Your QoL/WLB will greatly improve if you switch. But I wouldn’t trust a pre-IPO valuation from any company. Strip has been playing the game for years and using the “wE MiGhT iPo” BS to under comp new hires.
Not worth moving. It needs at least 320K to make sense financially. The 10B valuation is prob overvalued by at least 3-4x. Scope wise Meta also sounds better if you want to pursue mgr track.
They will never IPO, they've been trying to IPO for the last 10 yrs. Stay at Meta.
incorrect
Lol when?
OP did Reddit negotiate at all? I’ve seen senior DS offers range from like $270k to $315k here
Allegedly they don’t negotiate. But in practice each experience could be different.
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Reddit 10B valuation 😂😂😂
Yup lol $350M/revenue
A more realistic valuation is 3.5billion