Uber L5B offer

New
iKYt28

New

iKYt28
Oct 11, 2018 81 Comments

10 YOE. L6 at Google with 550 TC. 200k salary rest is bonus and stock.

L5B Uber
Salary 215
28k shares 1 yr cliff and 4 year vest
30k cash annual bonus
Refresher 140k 3 year vest

Prorated cash bonus and equity refresh for March target (even when it’s not a year). Note this is the same normal bonus, just prorated.

Key thing is evaluating the shares.

Thoughts?

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TOP 81 Comments
  • Amazon / Eng
    ajbsbzzbhz

    Go to company page Amazon Eng

    ajbsbzzbhz
    How do people reach such heights in career? Any suggestion for underachievers?
    Oct 12, 2018 7
    • Amazon / Eng
      in bvggx

      Go to company page Amazon Eng

      in bvggx
      Any advice to 3yoe mediocre aspiring to be that successful?
      Oct 14, 2018
    • New
      iKYt28

      New

      iKYt28
      OP
      Probably should switch from amazon after year 3 vest. Google and FB pay better
      Oct 14, 2018
  • ANZ
    passw0rd8

    Go to company page ANZ

    passw0rd8
    What's the march target?
    Also, any reason to leave goog?
    Oct 12, 2018 8
  • Amazon
    ऐमज़ॉन

    Go to company page Amazon

    ऐमज़ॉन
    Omg!
    10 years and I am L5 at Amazon 🤮
    Oct 11, 2018 1
  • Google / Eng
    CrypticStr

    Go to company page Google Eng

    CrypticStr
    Just wondering if 28k shares are normal to get as 5b? If yes then there is a very big difference (double) between the number of stocks given to a 5a and 5b
    Oct 12, 2018 7
  • Uber / Eng
    bag

    Go to company page Uber Eng

    bag
    Offer is pretty good and 5B level is also appropriate.

    For stocks, current market value is $40, so that would be 1.12M RSUs over 4 years. However that is very undervalued. You should consider minimum share price of $48.77 which is the last investor price (Toyota was the last funding round at this price) at the valuation of 76B. That would mean your RSUs are worth about 1.36M.

    Likely valuation at IPO is anyone’s guess. However in the most normal case, you can assume 90B at share price of $58 per share as a very likely value. That would make RSUs worth 1.62M.

    If Uber does well, which is very possible, valuation at IPO could be 100B or higher.
    Oct 12, 2018 4