Stripe v Facebook New Grad

I interned at FB this summer, and I recently got a Stripe offer but I am unsure which one to pick. My top priorities are autonomy, interesting projects, and growth potential. Offers: Stripe Base: 134.4k Targeted Bonus: 10% Targeted RSUs: 78.8k Sign On bonus: 70k They also have a new program called Impact Equity Awards, where stock units are stacked on based on performance and they are trying to target 1/3-2/3 of the employees Facebook: Base: 124k Targeted Bonus: 10% Targeted RSUs: 220k over 4 years Sign On bonus: 75k I really liked working at FB and I got a nice project as well, for which I don’t have a datapoint at Stripe about. WLB matters only a limited amount just because I care about having time to chill with friends but I am fine with working overtime/harder I am also unsure about the RSUs since I am pretty new to it. I’ve heard that 4 year grants are better since the appreciate over the years as compared to 1 year grants. If someone could give insight into that as well. What do you guys think? Would love some feedback on which offer is better, etc Thanks! TC: None #engineering #software #swe

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63 Participants
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Amazon JinYng Sep 15, 2021

I would take Stripe in your shoes and see if you can ride the IPO rocketship. FB will be there if that doesn't work out.

Facebook jkjk2882 OP Sep 15, 2021

But isn’t Stripe IPOing this year, and I’ll join next year

Amazon JinYng Sep 15, 2021

oh yea that might be a problem

Facebook @fb.com Sep 15, 2021

Stripe for new grad

Facebook jkjk2882 OP Sep 15, 2021

Why do you say that?

Microsoft mogambo :D Sep 15, 2021

Negotiate and conduct a ring fight between FB and Stripe recruiters. Take the higher offer in the end. Stripe stock can grow 10x in the next few years for all we know. Only IPO will tell.

Facebook jkjk2882 OP Sep 15, 2021

Both are non negotiable

Amazon Sk8287 Sep 15, 2021

Make it a poll

Facebook jkjk2882 OP Sep 15, 2021

Yeah I missed that, fixed it

Facebook syme Sep 15, 2021

Purely from money, I was going to say Facebook because, as you already notes, 4y stacked refreshers are much better than 1y. Stripe IPO is a wildcard, but I don't think it will grow more than double. And Facebook RSU's will potentially keep growing, which means each year your TC will grow from stuck growth as well as refresher units. From autonomy, independence, and growth potential, Facebook is great. Don't know about Stripe.

Microsoft mIKX11 Sep 15, 2021

FB

Airbnb wawawee Sep 15, 2021

Locking in a price for 4 years is better than 1 year but Stripe is already compensating you for that by giving you a lot more stock. Ignoring sign on, Stripe TC is like 227k and FB is at 192k. FB stock would have to go up like 80% while Stripe stays totally flat for you to make more money from FB given your offers. You'll learn a lot and get promoted quickly at both companies so it really just comes down to money and team selection.

Facebook watermello Sep 17, 2021

Stacked refreshers at fb though

Airbnb wawawee Sep 17, 2021

You think FB is the only company giving refreshers? In fact, I bet refreshers at Stripe for high performers will be very sizable now that they aren't stuck paying rest and vesters $X million/year.

Google bigtchslav Sep 19, 2021

Facebook is cancer for society so there's that