Which employer is least risky right now?
Given current circumstances, where is the safest place? 1. Airbnb => business has high risk exposure to pandemic, up against a wall regarding 2020 IPO, tourism getting pummelled right now, but company has lots of cash in the bank to weather the storm 2. b2b Saas unicorn => high growth, lots of funding, strong revenue, but far less in cash reserves
Airbnb is going to get hammered by the virus
True but I’d imagine that venture capital may very well dry up as well
Which b2b unicorn? B2b is about sales, so established boring companies are best.
Small companies can run out of money anytime during this uncertainty. Have you not read Sequoia email to their portfolios?
Why not go to FAANG? They have the most cash to weather this storm.
Was at FB before. Hated every waking minute. I’d rather risk it. Maybe G is better though.
Real auestion, what do you hate the most about FB?
Stick it out. At airbnb now too. Much better than FB. Headwinds yes. End of the road? Fuck no.
Welcome! Agreed, it’s a much better place than fb. But my concern isn’t that this is the end of the road for the company; it’s more that: 1. RSUs which are a significant portion of my comp will lose 50+% 2. Layoffs may be inevitable. I’m quite certain that we will be losing a LOT of money this year 3. Due to expiring RSUs, we basically have no option but to go public in the midst of all this turmoil
Unless you got a bad perf review or you’re on a worthless team, you shouldn’t worry about cost cutting (if it happens). Stay put through the storm, a recession is not the time to take a new job.
Got a good perf review, but not sure about the value of my team tbh...
The likelihood of anything happening is very very low anyway
Everyone is working from home. How is there “high risk exposure”?
Ah, I should have clarified more. Not high risk exposure in terms of infection. High risk exposure business-wise: the travel industry is likely the most crippled industry from all of the current events.
Oh, yeah
Big company good. Small company bad.
Why?
This