I'm an L6 at Amazon in Seattle and expecting an offer from Uber in SF in the next few days. I'm currently at $150k and TC of $275k. Few questions... A) What can I expect from a work life balance perspective going to Uber from Amazon? Overall my work life balance is fine at Amazon...50hrs a week or less, normal amount of politics, etc. B) How much more is cost of living really in SF? I live in Seattle, own my house and commute is 20mins driving. How long will my commute have to be to buy a single family house at ~$1M in a good/safe neighborhood? C) How are Uber's offers structured when they aren't publicly traded? Is there cash bonus/incentive annually? Signing bonus? Is everyone just holding their breath and hoping for a successful ipo? How do you cash out stock and how is value determined? I'm expecting the offer to state some artificially high per share value... Thanks in advance!
A) depends what team in uber you are going to, but generally better than amazon. B) how many bedrooms? $1M can probably get you a small condo. C) cash bonus yearly + refreshers , RSUs that you can sell once they IPO in 2019. General rant: Bay Area sucks, 10% California tax, long lines for everything and anything, air pollution and if you are based in SF dirty city as well. Donāt sell your Seattle house so you can go back if you donāt like it.
Agree with Zuzi , you canāt get a SFH for 1M anywhere in Bay Area. Rents are expensive
Can I message you about the on site?
Youāre preparing for the on-site too?
Yes.
If you have a family, you can't realistically buy such a house for $1 mil. How much equity do you have in your house?
Would not move if you own a house in Seattle within 20 mins of slu. Your family especially kids will suffer. Don't do it
Question was how far commute driving for that house and I think the answer is 1-1.5hrs each way. I see $1.2M 3bd 2ba with 2100sf in Berkeley which would be an hour give or take.
You would take the Caltrain from Berkley which drops off at or front door. Thatās a 30 min commute. Donāt drive ever
A) wlb is better than amazon. Barely clock in 40 hours B) you really need to do some research and forget a single family home at 1mil with anything close to a 20 min commute C) pre ipo stock. No sign on, relo assistance. Value is determined by share price determined valuation we pay taxes on. Also if youāre clueless you need to do research on understanding 409a, preferred share etc
1m won't get you shit in a safe neighborhood. Period. Unless you are willing to commute for 2 hours each way. You want a SFH in a nice (not just safe area) that has decent schools for 1m. Hahahaha. Not gonna happen. 1.5m-2m. 2m+ if you want a short commute. I used to live in Seattle. Moved down here 10 years ago. Quality of life in Seattle now is much much better. Don't do it.
Stay in Seattle and if you want to switch, check FB or other employers... Selling or even renting out house to move to SF area isn't worth, quality of life will reduce drastically