Given that the company isn’t doing well. Is it even worth considering Snap’s L5 (Senior Engineer) offer. 200K base + 1 million in stocks (vesting equally monthly over 4 years) Current total comp ~230K (L5) YOE- 6 years at Amazon and 2 years prior to Masters. Update: FWIW I’m also pretty close to getting promoed and looking at a pay bump here at Amazon next quarter.
No brainer. Even if Snap stock goes down by 10 times, you will still be ahead of your Amazon TC
You’ll be getting almost your entire current comp in cash + 250k in liquid stock a year that’s a no brainer
Well I’ve mostly been hearing negative reviews about the company in general and was concerned about it. FWIW I’m also pretty close to getting promoed and looking at a pay bump here at Amazon.
Wow, Snap is still offering 1 million stocks and the current price is around $5-$6! Even if the stock price is halved, you are still better off as far as TC is concerned. I have a feeling, Snap will hang around even though their stock prices might not rise. They can get additional investor funding or just be bought out by someone else if they are not profitable.
Snap L5 is supposedly between Amazon L6 and L7 in terms of scope. Think about what they're offering you and why.
I have got Snap L5 offer earlier this year; it was a senior engineering role (individual contributor, non manager).
Yep thats what the recruiter mentioned as well. Levels.fyi shows its midlevel L6 equivalent of Amazon. I’m tempted about the total comp and actually liked what some of the teams there are working on but have been hearing/reading way too many negative reviews about layoffs, toxic work culture, etc. which is concerning.
No brainier. Go for snap.
Recently declined a Snap Seattle offer. But I have so many reasons: I had to move to Seattle and it wasn’t a huge pay bump. But in your case, you are about to double your TC with Snap’s all time low valuation and no need to relocate. So, what are you worried about? Come on, you are leaving Amazon not Google. If you like Amazon sooo much and hate Snap, probably you can go back.
Isn’t snap L5 like L6 for facebook and google? And amazon L5 is like L4 for f and g. So snap is giving you two level bumps? How desperate are they?
Snap L5 more correlates to E5 in FB and L5 in Google.
WTF, it’s almost double. What are you thinking? Miss your bananas?
Snap will be around and possibly be bought out .. similar to Yahoo! Fate So what you thinking when your tc is going to be doubled?