Anyone have a sense of comp packages for non-eng in senior IC roles at Pinterest? What about current valuation and expected IPO range?
dont expect the ipo to go well
The cutting pay only applied to some SALES teams due to wrong incentives. A bunch of tenured eng actually got an out of nowhere salary bump of up to 25k this year, in addition the the regular yearly salary bumps/equity refreshes
In eng. Can confirm.
Are you confirming a paycut or salary bump in eng?
I’d be extremely cautious in joining pinterest pre-ipo
Why so?
I'm curious too? Till recently I used to hear very upbeat comments from Pinterest employees
Just keep in mind that apparently Pinterest is cutting packages of whole teams by 15%, if people from Pinterest can be trusted: “Pay cuts at tech companies (Tech Lounge)" https://us.teamblind.com/s/kwJr2GdD Sounds nothing I’ve heard of in tech, especially a company supposedly getting ready for IPO. So exercise caution when considering offers from there.
Uber obviously isn’t doing the same?
Hell no. No other tech company I know of has done pay cuts the past few years. I’ve only heard layoffs at Soundcloud or (a super long time ago) at Twitter. Very surprising to hear this from Pinterest.