Offer evaluation Nuro vs Zoox
Zoox L5/L6 This is for L5/L6 SWE Base $240k/yr Signon $80k Amazon stock -$200k for 3 years (20/40/40) ZARS:-120k Tc excluding zars:- $360k (yr 1) Including zars ( according to recruiter $500k) Nuro again L5/L6 Base $230k RSU $900k/4yrs Bonus:-12-15% TC:-500k Edit: ZARS: zoox stock appreciation rights. Currently valued at $3.6 which is the strike price. You can liquidate anytime and if the value is let say x dollar you will receive (x-3.6)*num_zars_liquidated. Value of zars fixed one time every year depending upon zoox’s valuation by an independent evaluator Update: After negotiation Nuro TC: 570k/yr ( every year) Zoox average over 6 yr: 630k/ yr (Caveat: Heavily backloaded and depends on projected ZARS value). If cumulative TC is taken, zoox only manages to beat Nuro in yr 6. Current TC:400k YOE:9 yr
What's ZARS?
Maybe zoox equity?
They’re Zoox’s Stock Appreciation Rights. Their value to you is basically the difference between the current share value and the value when the grant was made. An independent 409a is done each year. One nice thing here is that even though this is private equity, Zoox is providing annual liquidity events starting next year where employees can sell their ZARs.
Is it L5 or 6 ? Congrats
Not sure yet
How does zoox decide L5/L6? How does nuro say it will decide L5/L6?
Nice offers! Just out of curiosity, what’s your background/domain? Something like ML or more general software infrastructure?
ML infrastructure!!!
Can your owe the company money? :p
When if it goes below 3.6? I don’t think so.
Not Nuro. Sucks. DM me
What makes you say that? I’ve had a great experience on the SW team here - people are smart and work has been interesting with good opportunities for growth. I wish things would progress faster but the entire space has been slower than we expect
sEll43 Read blind review or glassdoor about Nuro, sort by low and you get what makes me say so. For engagement survey, it tells the same thing (if you can read other org's results) if a company treat SW and non-SW people so different, I don't believe it will success.
SARs look like NSOs that can't be exercised. Maybe some weird way to give employees non voting shares?
Nuro has more potential to deploy in the short term
At least another 2 years
Another 2 years for what exactly?
Which team is this for nuro?
Swe ml ai team
How do the Nuro RSUs vest? How frequent can they be liquidated?
Not sure if there has been an liquidity event here
There have been liquidity events every 1-2 years internally
Lol I like ur name :)
😉