I have an offer from Houzz ( 140k +70k RSU = 210k) and from Retool ( 155k base +7700 options over 4years at 4$ strike and 20$ fmv - TC = 185k) Just wanted to know which would be better - culture wise, WLB or IPO prospects? Any insights into why one over the other would be appreciated. YOE - 5 #tech #retool #houzz #google #amazon #meta #msft #stripe
“TC” based on stock options, that have tended to increase in FMV by 70-90% each year. 🤷♂️ it’s very promising Monopoly money. By the time it finishes vesting, if there is a liquidity event, the upside would be substantial.
Lean Retool because of the fundraising approach. TC is actually much higher, with more evident and immediate upside. Also, the product is profitable today. Houzz’s “product” doesn’t seem to have a quantifiable (or noteworthy) upward trajectory.
Houzz has great culture and good WLB. Still lots of excitement over future IPO and lots of growth potential with several different business areas.
You think there’s any shot at 2022 IPO? Given market conditions I have been assuming this can has been kicked down the road by a year or so.
Would you rather join as employee number 1800 (Houzz), or 180 (Retool)?
180 I guess 😅🤞
is this for eng? comp seems low for your YOE at both
Nope. Non tech role
What is the Houzz strike price?
Did Retool let you negotiate the offer?
Also is that FMV or preferred price?
Culture and WLB at Houzz can’t be beat! Great place to work
Nice. Can you refer?
How is the energy around ipo. People still excited about it…