I got an offer for FB E5 (200k base / 700k stock over 4 years / 50k sign on). I don't fully understand how equity refreshers work, and what the recruiter told me conflicts with what I saw on blind. From blind, I see ~120k refresher for meets expectations. Does this mean I get the following equity if I just meet expectations (assuming stock price is unchanged)? Year 1: 175k + 15k (prorated for 1/2 year) Year 2: 175k + 15k + 30k Year 3: 175k + 15k + 30k + 30k Year 4: 175k + 15k + 30k + 30k + 30k The recruiter seemed to indicate equity refreshers were much lower, and something like 100k would be at the super high end if I knock it out of the park. Does it depend on how much equity is in the initial grant (ie, I'm coming in at the high end so I should expect lower refreshers)? Do they try to keep the total amount of equity more or less constant? YOE: 13 Current TC: 430k #Facebook
How much time did it take to prepare for the interview!?
Far more than I would have liked. The interview process gets more and more ridiculous each year, but that's a topic I'd rather not get into here. I did all the fb leetcode problems (I think all the questions came from that section or variants of those), practiced 5-10 design questions on google drawings, and wrote down my relevant "stories" to study for the behavioral part. I also had other interviews before this, including 2 other FAANG
Why Facebook?
Your understanding is correct.
You are correct. Your income will decrease at 5th year if are still at E5 by then
So do People jump by 4 years than on average ?
Is there 1 time refresh grants after 4year? Uber started giving them for retention
@jms, can you pls share your prep strategy.
Posted above in a different comment. One thing I'll add is people obsess over LC on this site, and while it's important to finish a medium problem in 15-20 min for fb, I think that's a bare minimum to get a senior offer. The things that matter most for higher levels are leadership experience, understanding tradeoffs and how various systems work, pitfalls, etc. These don't come from LC
15-20 minutes with code?
Are you swe or pe?
swe
Ok, 100k cannot happen unless you have severe problems with perf. Likely pip. Current refresh is larger than 120 for meets all. I think it’s around 130.
This year, meets was around 138k
Isn't this a paycut for the most part?
I heard the similar number as you from fb recruiter for E4. He said refresher is $0 - $100k per year and no formula for the number, which was quite different from what I saw on blind
Assuming no promotion how much equity will you get in 5th year ?
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