I have two offers that I am lukewarm about, I wonder what Blind has to say. My current TC is 330k at today's stock price. The next opportunity for a repricing will vest in August 2023 at which point it should be much closer to 400k again . Good benefits but really boring work. No path to L6. L5 SWE, 7 YoE StubHub Staff SWE 250k base/1.6M of private equity vesting equally over 4 years. Net TC 650k Decent benefits All Microsoft stack CloudKitchens 220k base/560k equity with an Amazon style vesting schedule (majority in the last two years). 360k effective compensation assuming I stay 4 years. Bare minimum benefits. What to do, what to do? Both have less than average ratings on Blind.
Yoe? Isn’t stubhub filing for ipo?
How do you cash out the PE? If it’s liquid and you can sell it as soon as you can get it then it seems like the way to go. If it’s paper money then maybe just keep looking, you can probably do better.
You don't. You wait until a liquidity event which may never arrive
Yeah that would be a hard pass from me. Stub hub is not exactly a hot unicorn
If you want work with narcist, CloudKitchen.
Seems like both are not great options based on the reviews and the stock heavy offers. If ipo doesn't happen soon or if its valued a lot lower than expected then you are at a lot lower TC. I saw stubhub planned to ipo at 13 billion after being acquired from ebay at 4 billion a year before. Seems kind of shady Based on recent experience wth the app stubhub seems to have some serious engineering issues lol.
That might explain why they are handing out money and levels like candy on Halloween
Damn I have a cloud kitchen interview coming up. I would keep interviewing!
No offense but both companies have very uninteresting and boring set of problems - concert tickets, kitchen. Can’t you find anything better at Lyft or some other more interesting company?
Your stubhub offer is nearly double your current TC. Take that one.
#1 It's unlikely to materialize. #2 The people there are not nearly as strong #3 It's an ancient Microsoft stack. Hard to do anything else after. I get it that it's hard to deny that TC but it's more than just TC. Vis a vis with Lyft, one has a known public price the other has an unknown private price that is likely higher than it should be.
What is the valuation of stubhub equity? They probably marked it at the top
How come CK only offered 560k equity. Is that over 4 years?
Over 4 years
Yikes! Y1 = 10% Y2 = 20% Y3 = 30% T4 = 40%
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The 1.6 million sure is sweet lol just a side note that the experience with stub hub as a user has been pretty bad.
1.6 million over 4 years if and when it materializes
And if it doesn’t go to shit lol