Offer from public vs private company
Considering 2 offers. Non Faang Public company 390k TC (270k base and bonus + 120k stocks) Well known private FinTech company 480k TC after recent valuation increase (230k base and bonus + 250k stocks) Which one to choose?
I work at juul and boy those private options aren’t worth wiping your ass with as long as the company is private. Take the 390k in the hand, not the 250k in the bush (480k - 230 guaranteed comp = 250k in bush)
I think I have a bit more confidence in this private company it’s doing well in the fin tech space, though of course being private there is a risk
Doesn’t matter how stable they are, for ex my annual options are still worth almost double my annual take home. The problem is it’s not usable like it would be in a public company. Edit: obviously a stable company in a more predictable regulatory environment has added value, esp if you don’t need the cash anytime soon. It’s still besides the point I was making
Go with stripe
Maybe affirm
Neither. It's brex.
Yoe ?
Not worth it. Go for the public company. Cash on hand is always better.
No longer time to join startup, u are two years too late.
Generally speaking assign a value of 0 to equity in non-public companies. In your particular case, I'd take the non-FAANG public company.
I’m currently in one of FNG. Going to a non-faang might not lead to any more learning? What do you think?
Everything else being equal, FAANG is better than non-FAANG. That said when you'll be looking for your next job, the specific skills you've been honing during your previous job are what will mater most. Brand of the company is secondary (but not negligible). You also need to weigh the amount of money. I wouldn't move from FAANG to non-FAANG less than 15% more money. At 20% more, I'd seriously consider it.
Is the Fintech Robinhood?
Is the first one Salesforce? If so, go with Salesforce.