Last internship before new grad. Considering in no particular order: - TC as return new grad (don’t care about intern comp, but I heard Stripe caps RSU for new grad) - company growth potential - culture - technical development - a little clout Appreciate any input :) #stripe #databricks #intern
TLDR Databricks You are looking at 2 high growth, pre-IPO unicorns. The whole point of joining these companies is the upside potential. Y would anyone want to join Stripe > Databricks when Databricks doesn't cap the upside of your RSUs. It's not like the rest of the factors: engineering clout or WLB are much different. Fyi, I had new grad offer from Stripe and i have friends who had Databricks new grad (so jealous). The numbers are similar - you are looking at roughly 133-135k base + 240-270k stock + 13-15 signing. Only difference is, with Databricks stock could easily double imo. I don't want to get into the valuation debate but Snowflake is worth $70B rn and Databricks last valuation is $6B. Even in the pessimistic case, you're stock in Databricks could be worth 1.5-2x. Only reason I'd pick Stripe is if you're into the payment/fintech products over Big Data/ML infra.
Anyone voted for Stripe, tell me I'm wrong.
Ignoring RSU policy difference, what would you pick?
Both
I had similar offers from both and took Databricks. Comp wise, you'll make more with stock growth (Stripe might grow, but you'll not get those gains). Databricks has faster promos too (some people becoming managers with 3-4 yoe). But bigger question should be what do you like? Do you like building large scale distributed systems with customer facing ML? Pick DB. Or do you like working in the payments space or risk modeling problems? Pick Stripe.
Go to Stripe. Databricks has a bit more boring problem set and I have been hearing grumblings from customer success, sales, and Eng about micromanagement and kinda meh middle managers. I am sure interns have a lot of fun working on high impact stuff though. I would recommend Stripe for the high chance you will land a job there. Comp at DB is sadly below market, unless you were lucky to get stock 2 years ago.
Databricks does not pay below market. That was probably a few years ago. My friends who are getting new grad SWE offers this year are getting about ~200 TC (135/240/15) at the $6B of the RSUs. That's roughly same as my Stripe new grad offer I had and mind you RSUs are capped for Stripe so Databricks for sure pays more. I turned down Stripe and took an offer from a FAANG with ~210 TC which is higher end of FAANG offers. I think senior offers for Databricks are also above market. A guy on here got 480TC at L5 recently. Problem set wise, I think is subjective. I find fintech more interesting but some people find data infra and distributed systems more interesting.
Hi, just got a Databricks offer! What was your offer amount, particularly for housing stipend?
Are you planning to take Databrick over FB?
I took both, one of them off season. Though if I could just pick one, I'd have picked Databricks.
What kind of side projects (and other things) did you have on your resume? I'm finding it hard to get past the resume screen. No prior experience.
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