CompensationApr 8, 2019
MicrosoftFreddi3

Pinterest verbal offer- will accepting before/after the IPO change the offer numbers?

Got a Pinterest verbal offer (L5, in SF, if it matters). I haven't received numbers since they're said they have a 1-week deadline and I want to finish up other interviews. Questions: 0. Is there any way to know more precisely when Pinterest's IPO is besides "sometime in April". Or is that a SEC law or something? 1. Let's say they IPO tomorrow (4/9 Tuesday). Will that affect my offer if I ask to be shown the offer numbers today 4/8 vs on 4/10? 2. Let's say I get an offer letter before they IPO. But then they IPO before I sign with them. Can the offer letter numbers be changed due to the IPO? 3. How strict is the 1-week deadline post-offer number reveal? TC: 280, 5 YOE

Google wWsb10 Apr 8, 2019

That happened to me with a Lyft offer. They gave me the offer on Thursday (ipo friday) and i had until Tuesday to say yes or no. After that they would probably update the offer with a smaller number of shares

Microsoft Freddi3 OP Apr 8, 2019

What did you end up saying? And they said for sure there were going to be a smaller number of shares?

Google wWsb10 Apr 8, 2019

I ended up declining. Offer was based a much lower value per share. So yes it would have gone down.

Facebook bTId74 Apr 8, 2019

Make sure that whatever they offer you, they don’t base the RSU dollar amount based on their last private valuation https://www.spglobal.com/marketintelligence/en/news-insights/trending/CntmhxoqW9jHjBsVK7aYpw2

Amazon mOwGLee Apr 8, 2019

Whats the offer? I am waiting on my numbers as well.

Microsoft Freddi3 OP Apr 8, 2019

I don't have numbers yet like I said in my question :). Maybe I don't undersatand what you mean by "what's the offer"?