Waymo L5: 205k base + 30k bonus + 93k (at 409a price) stock = 375k TC 205k base + 30k bonus + 204k (at preferred price) stock = 439k TC (say, if IPO) 30k sign-on, 10k 401k match Nuro L5: 210k base + 25k bonus + 170 (options in $, preferred - strike) = 406k TC Both pre-negotiated and units in $ per year. Domain is AI/ML. I have 2 more startup offers tbd but they are much smaller so unlikely to provide leverage. Just started negotiation with Waymo. They are open to adjust the package given the competing offer and bigger sign on due to timing of leaving Cruise. Any ideas on what numbers to aim for in today's market? Waymo stock also seemed less liquid than Nuro ironically. Their funding is also not as very transparent. But I think both are good and not that risky bets but I am biased. TC: 330k #waymo #nuro #google EDIT: typo in numbers
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Waymo seems like the better option. Add a poll to your post
Haha sorry no poll. Actually not looking for advice to decide between the two. But rather, perspectives on how to value them and negotiate them up to market level for my skillsets' "worth". There are other factors other than TC that are more important to me if TC ended up being close enough post-negotiation.
Oh just seeing that you’re at Cruise already. Not much I can tell you then. You’d know the industry better
Why is nuro stock more liquid though
Planned yearly liquidation via stock buyback if market condition is not shit. They had already executed. Waymo from my understanding has done once with no future plan. Also will be at 401a "undervalued" price.
Has waymo had employee liquidation events? I think Nuro had some
Nuru for sure
Why are these numbers so low?
Because self driving is not happening in the next decade.
@cruise could you elaborate on the low part? I only have concrete data points for Cruise which is not that too far from 400k TC.
Why tagged Google here ?
Because Waymo is a Google company
How is nuro 400k tc ? Is it 120k options or $ amount - per year or 4 years?
Everything $ per year, at preferred price / (valuation - strike). i.e. if nuro IPO today at current valuation that would be the my payout per year.
I haven’t seen many nuro offers with this high equity for 5 yoe. Also it has better product plan. I Suggest it.
Waymo IPO? Thought they were an alphabet subsidiary?
Nuro is still granting iso instead of rsu? And its value is also based on preferred share price, correct? Means lower than waymo
If you truly believe in AV go to waymo, if you wanna make some money and jump Nuro might be better.
Congrats on the offers, yoe?
4-6, with MS