Should I take this offer?
Considering the same base salary as my current job, should I take the offer that Databricks is giving me? Do you think there is a real chance of the databricks RSUs going liquid anytime soon? Current TC : 175k Databricks : 180k plus 2000 RSUs over 4years
Seems pretty good. And yeah Mastercard will be eclipsed by plaid
Off topic, but arent they 2 completely different businesses? Unless you were joking.
Affirm will take over MasterCard. Future is bNPL and debit
The people on here don’t know how good Mastercards 401k match is. It’s literally the 2nd best in America (125% up to 10%). You just rest and vest and then retire a multimillionaire, even if you barely saved any money outside of 401k. I personally would’ve stayed at Mastercard if they didn’t ask me to move to Missouri. Databricks may have upside but it’s going to be a grind compared to MA
Agree to the best 401k matching program. But how is that rest and vest? Given a base of 175, mastercard would contribute 17500 to the 401k an year. Isnt that lower compared to stocks y’all get?
Last time I ran the numbers assuming 10% annualized return, I would’ve ended up with 15 million+ in 401k just staying until retirement. Yea I make more at Amazon but I work significantly more, plus on call
No brainer imo. Databricks is an awesome company with an awesome product.
Not so much according to Blind pulse/reviews.
Come to DB !!
You like it there? What role are you in?
Not really !! I plan to leave soon. But the opportunity seems better than Mastercard
Do they give bonuses?
Your new TC will be close to $300k with significant appreciation upside. Very few businesses are growing as fast as we are. This is a no brainer.
“No brainer” - This is a very linear and close minded way of thinking. See my above comments about Mastercard wlb and retirement. There is more to life than work
I went from financial services company with a similar 401k March to Mastercard (6%) to Databricks, WLB did not get worse. TC went 3x after stock appreciation. Also backdoor mega Roth > 401k Match.
Read the post on TC trajectory from folks who joined Pre-IPO companies. While there are many more factors, Databricks has as good a chance as any of IPO-ing soon - as early as next year from what the market thinks. Pre-IPO company in a growing field versus stable company getting commoditized slowly - a no brainer IMO.
Yes, no brainer. Databricks is a rocket ship. MAsterCard is legacy business at this point
Nah look at $MA stock and financials. Also, Visa and Mastercard were both associations owned by banks before IPO. The board of directors are made up of CEOs of banks. The business has no risk of losing market share.