I have an offer from wework. Software engineer L4. Base 185k Stocks 1500 over 3 years No signon 500 yearly refreshers Located in San Francisco They mentioned their stock is worth 110. Company is not public. Could you guys please evaluate and provide feedback. Have no other offers TC 150k Yoe 5
110 ? Really ?
I think you should ask for more base as there rsus have no value
What she said ^
Are you sure it was 110 and not -110? Let's not forget that their net loss is bigger than their revenue and they play in super capital intensive market.
How was the interview like?
Don’t do it. Company’s business model is a flop. Stock will be worthless when it goes public.
In all fairness, even if his RSUs were worth $0 (which they won’t be) that’s a significant bump in base pay...
If the RSUs end up being worthless, the tax hit would be way worse and that’d kill your salary gains. I don’t get why we stopped giving options as we’re a private company still
We don't have yearly refreshers. The ones that happen are discretionary and are extremely rare.
How many days after interview did you get offer, did they give you verbal offer first or just sent email with details?
2 days after interview. They gave me verbal offer
I’m gonna be honest the stock is kinda meaningless if you look at Uber and Lyft. Stock market has no appetite for us anymore.
Location?
San Francisco
Sales force tower. Nice view 😎