I had interviews with Reddit and they went well. In case there is an offer, I want to do homework in advance. Recruiter told me that Reddit provides RSUs. How to put a fair value on those RSUs. Their last funding raise was in 2021 Series F and they were valued at $10 billion dollar. But a lot has changed since then. If I compare tech indexes like Nasdaq, its down 20% since then. So should I discount their valuation by 20% or probably more. What do you think? TC - 310k and falling
OP how's reddit? You are leaving Meta for it ?
I left Google for Reddit. Best decision of my life. People need to stop looking at just brand all the time
How was the interview ceul45? And what role/level?
Use 6B
seeking reddit referral please
6B seems right. Social media is down 60% over the last year, but Reddit seems to be doing better than average.
request for reddit referral , please dm
@op was it SWE loop?
Yes
Did you receive an offer? And yes evaluate at 6B. So cut the stock by nearly 50%
I joined when they were offering at 10B. Guess what? It sucks! At least, my base is high! So that’s that
You mean the WLB or the pay in general?
I was taking about my paper money. Reddit in general is alright. WLB is better most companies.
Reddit is a great place. Please reflect deeply on what is good and bad about Meta and which things you’ll bring to us vs. leave there.
How much the refreshers at the Staff level at Reddit?
SWE?
Will IPO happen anytime soon? You just have sit on paper shares for years?
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Yes. You should at least use the latest 6B valuation.