Grab Potential

Apr 14, 2019 42 Comments

Uber is close to IPO and looking around I see Grab with a lot of potential I.e with their foray into payments space. Looks like they might have potential to go 3-4x in next 3-4 yrs. Going to think about interviewing there. Am I missing something about them? TC: 350k (E5)

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TOP 42 Comments
  • Groupon / Eng
    sleepy

    Go to company page Groupon Eng

    sleepy
    Grab is currently valued at 14 bn. 3-4x would be 42-56 bn. That’s like half of Uber being in a market far smaller than a market Uber is at. I’m doubtful.
    Apr 14, 2019 13
  • The fact that they deprioritized their core product which is horrible compared to uber/lyft/didi to instead focus on becoming the next wechat super app doesn’t fill me with confidence. Especially, as the execution on their non-transport related services is so patently awful. Poor games, shitty personality quizzes, low quality life insurance adds, random coupons, etc. Just don’t see why they would be a successful super app given in each of the verticals besides transport their product is bad and no competitive advantages exist. WeChat at least had a huge user base that used their apps many times a day. And synergy between the different services they offered. Grab doesn’t and won’t.

    Corporate culture also is terrible. At least compared to FAANG.

    But somehow they keep getting funding for their superapp pitch....
    Apr 15, 2019 1
    • Grab
      tcgt

      Go to company page Grab

      tcgt
      6 months later, Grab is still doing this. Look at the many products in Grab and GFG , many many product rollouts with no cohesion and direction .
      Oct 11, 2019
  • Amazon
    321sde

    Go to company page Amazon

    321sde
    Interviewed at Grab, got an offer. But I wouldn’t leave FB for Grab unless either I already can enjoy FI or I don’t care about money.
    Apr 14, 2019 4
    • OP
      Yes - M2 is E7 and it’s roughly 750k (TC)
      Apr 14, 2019
    • Amazon
      321sde

      Go to company page Amazon

      321sde
      I haven’t accepted. I am skeptical that they will IPO soon. Also, recruiters are boasting about the potential that it would be worth 8-10x from today, saying that it is the best time to join, and that there are not many open positions left, bla bla bla. Also, FB TC is too much for them. The offer wasn’t interesting from Amzn TC perspective, given that they offer paper money.
      Apr 14, 2019
  • New
    wkn5x8w

    New

    wkn5x8w
    Gotta grab that opportunity, amirite
    Apr 14, 2019 0
  • Grab
    321497

    Go to company page Grab

    321497
    Where did you get the idea that Grab is close to IPO? 😆
    Apr 14, 2019 5