Snap with 600k with possibly worse wlb and culture. 200k+400k rsu (price still could go below so who knows rsu could be 200k a year later) Start up with 190k and some options. Start up has certainly good culture and slightly better wlb( maybe? no need rto at least). The start up has some contracts in medical area but the cash flow is negative. The funding is around 5m and burn out timeline is 2y if no more funding coming. The RESPONSIBILITY of start up is on llm which looks very promising. This is the MOST attractive part of the offer. If the startup could be sold on 300m the actual offer will be around 500k Given the sticky inflation, the high interest rate is likely to be around for two more years. Not sure which one to choose (snap another round layoff?) Any suggestion will be very, very helpful.
Snap has a good chance to be acquired
which company would acquire snap?
No company in their right mind is acquiring snap
Come join us. WLB isn’t THAT bad compared to a startup. Worst case, you’re making $50k/month if it doesn’t work out.
How many YOE op?
Don’t be stoooopid and refuse $600k
You definitely take the Snap, especially after earnings this week. The $1.6M in RSU will be granted at a barging basement price. At worst it gets cuts in half in 2 years which at that point you will get some refresh grant that brings your average price down. However it's just as possible it doubles in 2 years.
Never compare a startup to an ipo-ed company in terms of compensation. Options are worth 0.
I gotta ask what level at Snap??
Snap is the real money even if it goes lower; if it goes higher, you’re all set financially
2y runway realistically means 6 months before layoffs happen if high rates are sticky. They’re already negative cash flow meaning if rates go up they can potentially burn through more.
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If you pass up an actual 600k offer right now you are nuts.