Should I move? Offered 1mln over 4 years, 215 base 100 k signon over 2 years. Will leave unvested 400k stock that would vest in about 3 years and 200k base. Both L6, Bay Area. Both teams are awesome, ml.
Damn, L6s get 215k base? That’s a lot higher than my base. It’s a good offer!
What about stock? Any concerns it will tank (aka snap)?
Tank? Your primary concern should be pinterest wont even make it to an ipo.
Is Pinterest L6 equivalent to google L6/Facebook E6 ?
Browsing the Blind I see that members say so
LinkedIn E6 is not FB E6 btw. Not sure about Pinterest E6.
Depends on when Pinterest will ipo. I have heard you can hold onto the options if you have worked there for 2+ years. So the risk might be worth taking.
This are RSUs, you can hold to them if you leave anytime after 1 year cliff
Cool. Let us know what you decide!
Does Pinterest have regular stock refresher like Google/ fb?
Yea, about 20% on average of the initial grant
I see, seems like a solid offer. There is risk of Pinterest not being able to monetize, but other than that, it's good
I would argue the risk is not worth it. Pretty much they are offering you a bit more than double your current equity. To trade a liquid asset with an illiquid one, the ratio ( or potential ratio) should be higher to justify the risk. Keep in mind that their most recent valuation didn't go up by much over the previous round, so growth is a major concern.
Yea that's what I am thinking too and so far planning to pass it
Internal growth is not a problem. It’s actually quite strong. Main reason for lack of valuation growth is that the company had a major expansion in the last 1.5y. The team is really great now and is getting much better. We hired s lot of top talent and we have a great vp of eng.
What is the title of LinkedIn l6 eng?
are you more passionate for the product compared to LI? if not, not worth it
What exactly is passion for the product? Isn't that just solve bs. Most eng work on backed systems,. Why do you care about the product so much
because life is short and you don't want to waste time on things that don't inspire you personally
Obviously I'm biased, but Pinterest would be a step up in terms of engineering caliber.
Yeah Pinterest is a good place to work right now and we are doing pretty well right now with some rough edges.
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That's a great offer which role is it for ? What's ur background and experience ? Congrats on the offer . Not sure about 1 million Pinterest not gone ipo yet .