Thinking of applying to Twitter for SWE role but looks like their stock has been going down since IPO. Is there any incentive to join twitter right now besides maybe working on an interesting product?
lower price -> more units
But it looks like it will keep going lower so you’d be losing money?
If you (or anyone) knew that it would keep going lower, why work anywhere? You could just short Twitter. No one knows (barring insider info) if it will go up or down for sure. The market has come to the consensus that it is fairly valued at it's current value.
Stock could go up, could go down. But don’t join. It’ll probably go down. Dorsey only cares about square
To flag trump tweets 😄
I had both DoorDash and Twitter offers along with others..Preffered to join Twitter over Door Dash...Some money is better than paper money...
Well about stock prices... ipo was 5 years ago, the people that f**ked it up (ceo and higher ups included) are all gone. Stock 2-3x'ed from lows. Pay is not going to make you a millionaire in 2 years but stably above market average, so there's that
Do you think current execs which are really junior can cut it though? Gotten better lately with some new hires but overall inexperienced / ended up there as they were last ones left, not the best.
pay is good
I mean pay is pretty decent, just slightly lower than G/F, plus it's big enough but not too big for people to have bigger "impacts" compared to FAANGs, small enough but not too small to have people keep putting out fires. Depending on where you are on your career path, if you want to climb the Corp ladder and only absolute TC matters, strictly go for FAANGs and keep LCing and jump; if you want to have more influence over things in a place with lower prestige/ comparable TC, Twitter is a pretty good choice. Not hard to jump to FAANGs anyways from Twitter as long as you LC enough.
very detailed.. i felt there wouldn’t be any disparity in pay, although the differences u pointed out are interesting.. is the wlb generally better than F? and how difficult is it to grow up the ladder?
also does it mean u don’t LC to get into twitter? how’s the interview like 😀
Twitter is only big company that cares about employees. Cultures is pretty cool. Work life balance is awesome. Benefits are great. it carved a permanent space in social media market. So it’s not going to go away but stock may not increase much
Yeah I guess that’s my main concern, why join a company if RSUs (which make up a % of your TC) won’t be getting gains? I would want stocks that increase 10-20% YoY at least
Best company from purely TC and stock appreciation perspective for doordashers is a company called Waitr holdings(stock symbol: WTRH). Its the last standing big public company in the food delivery space that is about to be acquired by Delivery Hero hiring aggressively from doordash. Stock is expected to triple and they are giving tons of stocks to SWEs(stock up 10X in last 4 months). Easy to crack for doordashers. Twitter maybe harder to crack. From linkedin it looks like there are 0 folks from doordash at Twitter.
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I mean all companies are and will be likely through next year since there’s no vaccine in sight
Through next year? Many companies will start going back to office in a month.