Waymo offer
Got an offer from waymo Base 130k RSU 3.6k over 4yr @$11 Options 10k over 4yr @$11 Sign on bonus 20k Total comp ~ 170k (to begin with) Seems low (current comp is 350k and expecting promotion this year, 6 yoe, 1 year as manager). Asking for renegotiation (though recruiter says they may not be able to do much, feel he is low balling). Curious what other folks think. Also, how do you validate the stock and options for a likely successful startup (understand that one has to guess but curious what approaches people have used).
Yes.. Just try your best with recruiter.. no reason to take pay cut unless you've one?
50pct cut is a lot .. esp if you are already at a top company. Sometimes competing offers mean more than current comp strangely.
Insane. Walk away
This is insulting. While walking away, give the recruiter back one or two insults, like the ones from Silicon Valley.
Doesn’t waymo offer goog stock ??
They’re a separate company under the alphabet umbrella, and thus offer private Waymo stock units
Ya here's what I don't understand though: Google is also a separate company under alphabet, but they offer alphabet stock (GOOG)...
Triple all numbers, and let the recruiter counter with double.
I suggest asking them how they "value" this offer. They might say something like, we believe the stock value will be X in 4 years and here's how/way and that translates to your RSU/stock options bring worth Y. Then you can decide for yourself how much of that your want to believe, by how much your want to tone down your expectations and value accordingly. One thing I can tell you, if you've been offered 10k options at a strike price of $11, then your aren't valuing it the right way.
Yes, I think the reward is in the options..but how can be liquidated ? Is private equity involved or can waymo IPO on it's own
I suggest you ask them how do they value the options, how and when do they think they'll be liquid, ie, IPO or buy out by Alphabet etc.
Way too low. Did you ask what level this is for?
Yeah just say no.
this is way too low, even the number is doubled I still feel it is too low, not mention that it will be tough to negotiate for doubling the number
Base is low..why take a 50% paycut
Along with illiquid options