Offers: Uber, Dropbox, Airbnb, Postmates
Edit: removed all info. Thanks everyone.
Be careful with Dropbox. After a big down round there may be liquidation preferences that mean you get far less than you think.
Thanks. Didn't know about this. Can you explain what such a clause might look like?
It's not a clause that you'll see anywhere, it's the terms that the company gets from investors when it raises money. If the company raised $1B at a $10B valuation with a 1x preference then sells for $2B, the shareholders don't divide up the $2B evenly. The investors all get their $1B back first, then everyone else divides up the remaining $1B. Most of the time you won't see large liquidation preferences, but at Decacorn valuations followed by a major down round (from $10B to $5B is a huuuuge drop), you might see a significant preference that will substantially affect what your stock is worth. Given that the past three years have seen multiple tech IPOs where the valuation at IPO was less than the company's last valuation, there's a non-zero chance this could come into play.
Dropbox or Airbnb IMO. Uber's culture sucks and the delivery space is super crowded so who knows where postmates is. I'd say Airbnb is on a safer track than Dropbox though. There's literally no other competition they're facing right now
Postmates is still growing quite a bit from some numbers they shared so I wouldn't count them out that easily. I didn't get a good vibe from people at Airbnb plus the work they're doing in the Seattle office is in on customer service tech, which sounds really boring.
Postmates is a joke. They will be around, but they will be nowhere near the valuation they are quoting you a shady valuation (some multiple x revenue). Their last valuation was 700M last year. I laughed at their 110k options offer and left. Management reminds me of how retarded and slimy Uber's culture is, maybe worse.
Dropbox if you can't get a senior Uber offer. How many years of exp?
negotiate harder. we have plenty of seniors with <5 years of exp.
They said they are unwilling to negotiate on the offer.
Airbnb is not really a tech focused company IMO.
Airbnb or Uber. Dropbox downround will crush your equity once ipo and postmates is going nowhere.
If your equity is offered at the current 10b value and Dropbox hits 5 you get half. If uber isn't paying up then go to Airbnb.
Oh ok. Still think Airbnb or Uber have better long term trajectory for growth but pick whichever makes you more excited. Dropbox has lots of competition with a race for the lowest price industry which will be tough.
Dropbox or Uber will give you better resume technical wise since both have bigger technology problems to solve.
Agreed! Do you mind if I PM you with some questions?
Is part of your Dropbox in options? It was like that 2 years ago.
Nope. They're giving out RSUs
Stay at Amazon or try Facebook if you really need to move. Just my two cents.
Why not Dropbox?
Join the Lyft Seattle office. Doing big things, great people and upside is massive.
They rejected me and I have no idea why. Recruiter gave no feedback 😭
Don't worry, you dodged a bullet and your other options are better.
Pretty bored of Amazon and looking at startups or smaller companies. Why do you consider them bottom dwellers?
Dropbox is better then Amazon imo. The rest probably aren't.