Need some honest opinion to decide among these 2 offers. I am struggling to decide due to TikTok low shares offered and snap crazy stock price. Any help will be appreciated. Snap Level: L4 Base: 190K Bonus: 10% Stocks: 534k/3 years =712k/4years = 178K per year Joining: 55k in Equity over 3 years Snap TC ~410k TikTok Level 2-2 Base: 190K Bonus:25% Stock(@78):6500units (15/25/25/35 vesting) = (76k/126k/126k/176k) Joining: 40k Tiktok TC: (355k/375k/375k/425k) over 4 years Current TC 250K, Bay Area YOE ~ 4.5. Both teams are in Bay area. Oracle and Microsoft offers were low so I already ruled them out. #bytedance #snap #engineering #software #offer
Snap, by far, unless you want flexibility to relocate to China.
When did you get the offers? How long did it take? Joining is sign on?
+1 I wanna ask the same question. been waiting for the offer about a week. Since it's holiday season, no idea how long it's going to take.
Snap process was quick. It is slow right now just becuase of head count issues. Recruiter mentioned new head counts coming up in Jan. Tiktok: they tested my patience. Was stuck between us and tiktok issues. It took me around 2months just to complete their small process. Most of the companies are off on holdiays. So keep calm
In 2 years, tiktok will become Facebook. Snap will still be snap
I think you underestimate what Facebook has become. But with that said, I do agree with the general sentiment that tiktok will move onto much bigger things faster than snap ever could. But this will come at the expense of wlb and stress load at work
Snap is set up for big growth ahead as well. Although Culture / WLB would be the deal breaker for TikTok. Join if you are ok to take orders from China HQ
It’s so impressive what tik tok has managed to accomplish
Sarcasm?
Nope. They took the market share by storm. I love using tik tok and all my friends use it now
Some details for Tiktok: 1. Get 3-1 if you can. It’s impossible to promote to 3-1 internally. 2. No refresh 3. My friend told me WLB is worse than FB. 4. Internal strike price update to 86 recently
Thanks for the info. I tried 3-1 but with less than 5years work experience, it is really hard. 86 will be from Jan1 i guess.
It might've been easier for 3-1 in the past but nowadays 2-2 = L5 (fb/g) and you'd probably need 8+ yoe to be considered. I think TT has more upside and scope but WLB will probably be better at snap. You could join tt for a year and then move to snap or another company.
R u sure the strike price will be 8* in Jan? They just adjusted the price to 7* in Dec
Tiktok is on an upswing. Snap has been around the block for a while and has shown to only have a limited appeal to a small demographic. I'd pick Tiktok if I was looking for a job.
try to negotiate with tiktok using the snap offer. if you did well in the interview, there’s def some room for both base and RSUs.
@OP I don't have advice because I'm hoping to find myself in the same situation after next week (expecting a Tiktok offer, and I have an on-site for Snap). How was the onsite difficulty for Snap? Lots of DP hard as it's been in the past, or are the tagged LC's for them a good representation?
There are definitely some risk joining either of them.