EDIT: Thank you to everyone who weighed in to help me make a decision. I have decided to go with the Meta offer after a little more negotiation. Currently at Netflix snd I like it here but growth options feel limited. I like my coworkers and am viewed highly/respected but I don’t think I’m learning anything new and I worry about getting left behind in the industry which may ruin my growth later. Not looking to rest & vest, I like to work hard and play hard so I value good compensation and respect of my PTO. Got two offers to evaluate. Honestly I am still in shock that I got an OpenAI offer but recruiter and manager were fuzzy on how compensate works with PPUs. Feels like paper money since OpenAI is capital intensive, has no plans for IPO, and I cannot sell on my own. They basically asking me to take a massive TC cut for the opportunity to be there. Meta is liquid so I can sell my shares but I do not believe in the company long term and see it struggling in 2-3 years as use growth declines and the EU tries to steal more money from US tech with predatory laws. Meta role is backend ai/ml focused. I would need to relocate for both roles and lose my remote status. What would you guys choose? Disclaimer: Muddled the numbers a bit to not completely dox myself but whatever might not of worked.
OpenAI of course. AI is not going anywhere
I have this feeling that AI will be a feature rather than a market differentiator and OpenAI will fall behind Google, Meta, or Anthropic. Google trains on Google Search, YouTube, Android OS, Gmail, Google Meets, Shops and Ads Marketplace data. They have the most compute power in the world with Meta as second. And have the cash to burn. Idk I just don’t want to fall for hype like people did in 2020 with Crypto Tech companies then get ruined.
Behind Google or Meta sure, but why behind Anthropic?
So what's the end game for open AI paper money? What possible way can one cash out the equity?
Honestly this was so confusing to me and I believe they tried to explain it well but the process is so convoluted and not what I’m used to so it feels odd. Basically: - Equity vests evenly over 4yrs. - Need min of 2yrs before an equity is redeemable - Two main things to think about: (1) openAI becomes profitable (2) OpenAI hosts an event where employees can sell shares directly to investors. - If company becomes profitable and meets profit threshold then I am entitled to some percentage of profit AFTER primary investors like MSFT. Return is capped. - Can sell directly to investors based on OpenAI valuation if OpenAI hosts an event to do so. Its very muddy
i would look for any indication of #2 being a possibility (you will probably need to talk to some specialized folks for an opinion doubt any of us here know any better). Would also try to negotiate a cash heavier split. That 650K equity is too big a chunk so do due diligence on how possible liquidation event would be if negotiation doesnt work out.
I would say open AI. It’s a hot name rn and gonna help you tremendously in the long term. During the Sam Altman drama, Microsoft was gonna take all open ai engineers, salesforce ceo was recruiting open ai engineers and Google started recruiting open ai engineers too. Yes you may never see the paper money but I think in 2-3 years you’ll get everybody with their tongues out trynna get a piece of you
I don’t want to get comfortable because of recent success in the job market and I do think OpenAI is the most marketable name right now. The question is, if I accept will it still be marketable in 2-3 years when I look at the job market again.
I think it will be but that’s obv based on the current hype
Whats your YoE op and your domain?
Dm me so I don’t dox 👹
Is Meta staff or senior staff offer?
1M has to be Sr Staff
Offer says IC7 which is Sr. Staff
Tell Netflix about Meta’s offer and see where they go
Yeah, heard they encourage people to test the market and match external offers? (Although i heard all that culture changed and they will mostly likely fire you)
I talked to my manager already and they don’t have funds to bump me that much. They will fight for more for me if I want to stay but I already got my raise and the conversation has been that I need to keep moving toward E7 to get the boost I want. Thats what made me look outside Netflix in the first place because tbh I like it here.
Will be the one to say not Open AI Having the most advanced LLM is going to fade , others will catch up , niche LLM will come up and eventually Open AI will not be as big a deal as first mover advantage disappear Go with Meta - big $$$ and lots of domain areas
I am leaning Meta as well. OpenAI sounds so exciting but my biggest issue is the uncertainty around comp.
whats ur YoE though?
I voted for meta based on your OP but then I saw your comment saying PTO is important as well. Meta doesn’t have unlimited pto and most I knew there barely took any. Considering youre full remote I would just stay at Netflix
Maybe its best to stay another year. Remote is nice and I really don’t want to go back to Shuttle life.
Unlimited PTO makes people be more fearful of taking it. At Meta you can take your 21 days no problem.
Meta because you are ready to work hard
I don’t care about prestige. Comp, PTO, and Skills/Domain Expertise are what matter to me.
OP already has prestige. What is this shitty advice