Stripe vs Robinhood
Should I join Stripe or Robinhood as SWE? Both offers are for L2 with TC ~300k Robinhood: RSU price is based on the average stock price for last 20 days before I join (not sure how it will go post IPO). Stripe: limited upside due to annual RSU grant Which company has better career growth? WLB? Culture? I'm leaning toward Stripe, but I've heard bad news about WLB and pip at Stripe. It also has 2x perf review annually. Current TC: ~170k Yoe: 2.5 #robinhood #stripe
My vote is stripe, Any insights you can give a n00b on nailing the interview 🤗 would like to use JS for language but unsure of what they expect in regards to testing code etc.
They don’t do standard leetcode question. Be prepared to debug on real open source project and coding with real APIs.
🙏🙏 thx!! Hopefully they give a template project for me to run and update.
annual RSU grant is bad, would go with RH but again, might be wise to see how the RH IPO perform first culture wise, heard bad things about Stripe as well (i.e PIP) career growth + WLB should be the same for both, highly dependent on team
Same TC, of course don't join stripe. They have evil RSU policy, may keep private for a long time. You get all risk and tax disadvantage of the private RSU for nothing. Remember RSU has an expiration date, you may lose VESTED rsu, if they don't go public. And now, you have very little reward for the upward potential of RSU. Secondly, RSU of private company has higher tax. In the event of public, you will pay income taxes of all your vested RSU from several years. Easily reach the max tax bracket.
There’s no expiration on the new RSU policy
Really? You mean you permanently get RSU of stripe once it is vested? What is the tax consequence of it? Do you need to pay income tax when it is vested? A regular double triggered RSU is designed to have an expiration date because of the tax law. If you still have risk to lose it, then you don't need to pay the income tax. If you own it permanently, then the FMV is your income, though it is hard or impossible for you to liquidity.
Stripe has bad hire and fire culture. Check the reviews and comments here on Blind. Also very limited upside on RSU. RH has way more upside, also your RSUs start vesting immediately. No 1 year cliff.
What do you mean immediately. You get shares after three months of working?
yes. but need to wait 6 months after IPO
Annual RSU is one of my biggest concern. If both companies are on an upward trend and comp are similar then I would not pick Stripe.
Which one did you choose?
Are you getting Robinhood stock based on post IPO price ? There is no 20 day price for RSUs since they are not tradeable and won't vary in 20 days.
They will be tradable in two days, and my start date will likely be on early September. The RSU price will be the average price for last 20 days before my start date.
can you please give the break up of RH?