Which one for more stock upside? Confluent offer 40000 options over 4 yrs at $13 strike price and *claimed preferred price $33*. Based on valuation of $10B (valued this year). Rubrik offer 23000 RSU over 4 years at stock price of $23.55. Based on valuation of $3.5B from their last round of funding in 2019. Annual cash is almost similar at both $260-270k. Assume titles are comparable too. SWE in data platforms. Purely looking for advice on stock upside. Work and team at both companies seem interesting. #tech #offer #ipo #stock #rsu #options
What does rubrik do? Do they have a cloud product?
Yes. Cloud Data Management and Security Analytics.
Are both positions senior level?
From what I heard from my bf working at rubrik, their shares are being sold over 40 in the secondary market.
Oh that’s great to know! 🙌
BTW is this for l4?
YOE?
9
OP, what happen if you quit a job 2 after you join confluent. Do you still own 20,000 options?
Yup. You have a choice to exercise 20,000 ptions at the strike price.
Maybe i don’t know the options well..but you are saying even the company doesnt go on ipo you can at least earn 20,000 * strike price when you leave after 2 year?
No, the company has to go public to actually realize the gains of your options. Also, you don't earn those 20,000 options by default - you need to buy those options at a strike price set by company at the time of joining.
What’s typical offer for eng with 5 yoe?
OP, what is your offer at confluent? Do you mind sharing the base and level?
OP: How are you getting 260-270K cash component at confluent? Can you give the breakdown?
I have same question, my offer is only 200k ish cash, even for staff level offer, it goes up to 230k cash. Wonder how OP can get 260k
Apple did you get more equity?
OP Location and current TC please? Also did both provide bonus % the same? Base compensation range? Which one did you go for?
Good offers both. That low 3.5B valuation for Rubrik will easily IPO at 20B valuation lol. Also rubrik might ipo before confluent I think.
Do you really think Rubrik can be $20B? I was thinking more chance of Confluent being $50B over 4 years than Rubrik being $20B. Purely speculating. What do you guys think? The TAM for Confluent is higher? Yes I think Rubrik is much closer to IPO.
And maybe Rubrik in a more crowded space than Confluent?