Just received offers for new grads for SWE with both of these companies and wondering what to pick. I feel like Robinhood is prob a better name in the industry and fast moving but I’ve heard bad things about WLB and I don’t think there’s a guarantee they’d IPO very soon. On the other hand I’m on a visa so stability is really important to me in the current climate and Bloomberg is really solid in that aspect. Also NYC seems much better than Menlo Park to live in and is good to transition in things like HFTs. Robinhood: 135k (base)/ 215k (RSUs over 4 years) / 30k (signing bonus) Bloomberg: 145k (base) / 20k (target bonus per year) / 10k (reallocation bonus) I believe I could negotiate Bloomberg higher to increase base and TC overall. (Current TC: 0, YoE: 0 I’m a new grad from undergrad)
Rh should have yearly bonus you should take into account. Also think about 401K matches between the 2
Robinhood has no annual bonus
Fyi Bloomberg’s 401k match is $7,750 max for now. It could go up as the feds increase the 491k contribution amount but who knows.
You're young. Don't prioritize a little more money now (~$24k) or WLB. Think about what you'll be working on and how that'll help you learn and build your career. Keep in mind that BB has boot camp + team matching for new grads, whereas Robinhood might offer you a specific team (?). Bloomberg isn't as well known in the Bay Area, but there are tons of ex-BB people at FANG + HFTs. You're not going to get much more than 165k (standard new grad offer), maybe +5-10k at most with competing offers. You could probably negotiate a bigger signing/relo bonus.
Robinhood will be sooo much more exciting and better for your career, and they aren’t going anywhere, should be pretty stable. RH is a top 5 private company right now, you’re in a great spot having an offer there.
How long did it take you after your final interview to receive your Bloomberg offer?
Around a week
You can still negotiate that TC
depends on the BBG team
Do you think the work at Rh would overall be less interesting than at BBG? What are some of the cool teams in BBG that would make Rh not worth it here?
Is your Robinhood offer for backend? If so I can personally tell you that the work at rh is not very interesting
I’d go for Robinhood tbh. I really like it at Bloomberg, but I prefer the money making potential with the RSUs and potential IPO. Edit: Actually tho, I’d hate to live in Menlo Park
Yeah I feel like I’d prob try to live in SF because I heard Menlo Park sucks
good edit lol
robinhood..it's top tier..you will accelerate your future earnings potential bloomberg is meeh.
Robinhood. The team matching at BB will keep you happy. But a lot depends on what teams are recruiting at your time of training. So there's uncertainty at both places. However, BB provides the unquestionable job security and benefits.
Growth ops at BB are probably much greater. You can literally work on anything you can imagine.
Could you elaborate on this? What do you mean by working on anything you want?
We have a lot of teams and over 6k engineers, so there’s a lot being built. At BB, you can contribute to language standards like C++, Python, and JS. You can build streaming technologies for video and audio. You can build web apps, mobile apps, Bloomberg Terminal apps. You do machine learning and data science. You can work on an instant messaging or email app. A lot of the tools and technologies we use are built by us, so there’s always something fun to work on.
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