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The job market is absolutely brutal right now
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Do you sleep before 12 am?
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American police seem to work only when Israel is challenged
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I am starting to think Chinese interviewers currently fail non-Chinese candidates on purpose.
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Update: Trans Coworker Stealing Breast Milk
Considering two offers: Netflix: $575k all cash - no levels. But position and responsibility sounds a lot like Staff at companies like Twitter, Square, LinkedIn Stripe: Offer for L3(Sr Swe). Total comes out to $440k/year. Stripe’s RSU grant is determined each year so no 4 year grants anymore. This makes the comp structure very similar to Netflix’s except maybe first year’s RSU value may jump because of possible IPO I’m operating at Staff at my current position, so a little less thrilled about L3 at Stripe. Arguably Stripe L4 is like a high Staff at Lyft. Also, with new comp structure the pay doesn’t match upto Netflix’s. Work is interesting at both companies. Stripe is closer to where I live. But Netflix has offered extended wfh and flexible work post COVID. Very confused about which one to accept. Let me know your thoughts.
Would you buy $220k worth of Stripe stock at their current valuation for $355k USD?
Valuations don’t mean anything these days. I won’t be surprised if market forces drive their post IPO worth to close to 70b. But yeah, upside doesn’t mean much anymore because of their value based compensation structure
I wasn't being sarcastic. This is the deal you have. Since Stripe isn't public, this is the only way to buy their stock.
What domain? Backend, ml, infra?
Infra
~14k biweekly take home. Take the excess and invest it in Stripe. Ball so hard mother fuckers wanna fine you. Downside is the Netflix fire culture.
You have to screw up pretty badly to be fired from Netflix. Even so, they give at least a 4 month severance. So I’m less worried about. Fairly positive that I’ll find something quickly even if I get fired
I would go Netflix
Orthogonal qs, can we buy stripe shares in secondary market ?
I’m not sure. But I’m guessing you can’t
What's your YOE? How is Netflix interview like?
YOE 10 years. Netflix interview was very domain specific. I have expertise in a particular area, so they focused mostly on that.
Education?
Netflix 575k an average Netflix offer these days or you are a rock-star ? @OP
Not a rockstar by any means(also not a fan of the term rockstar that is used in our industry). This seems to be Staff level salary even outside of Netflix. That’s what I gleaned from levels.FYI.
Staff may be L5 or L6 depending on the company. I think you are referring to L6.
Personally, I’m reasonably confident that your TC at stripe over 4 years would be quite a bit higher than at Netflix even with the new RSU policy. Comparing stripe to PayPal, I think a 4x growth in your RSU value by the time we IPO would be pretty reasonable, so your first year TC at stripe (maybe even second year if you’re lucky) would eclipse the higher on-paper TC you’d get from Netflix. Whether you’d want to take the scope reduction in exchange for more money is a different issue though, but that’s up to you to decide.
Thank you for the context. What is the scope of role for L3 versus L4? What does a promotion to L4 look like? We can also chat over DM
L3 work typically impacts your team’s metrics, whereas L4 work impacts your org’s metrics. Promotions to L4 seem pretty difficult, and expectations for L4 engineers are quite demanding (I think you could coast as an L3, but it’d be hard to do so as an L4).
I interviewed a while ago with Netflix. Didn't end up getting an offer but throughout the process I kinda got the feel their culture is actually pretty special (in a way that I'd like it). Some of the imo positive aspects: - relatively small Eng org (considering the market cap). So you'll have more freedom / influence to make choices vs working on some potentially boring side project. - People over process. I can't speak for stripe but Netflix clearly stood out from others in aspects like these.
Yup, same. If you're in CA I think the take home was actually only 50% or so.
575>440
Look at college boy over here.
Don't need no college education for this logic. But I agree, higher the better for the same work