OutReach or SoFi
Hi, Received two offers from OutReach and SoFi. Leveling is the same. I like the team at OutReach better based on conversation but the tc looks smaller than SoFi. SoFi offer is for the Galileo division which just suffered layoff in Jan. I am concerned about the stability there. I care about TC and the risk of layoffs. So, which one do you think is better? Galileo under SoFi: 230 Base + 131K RSU per year OutReach: 220 Base + 3000 shares per year. Private company, maybe around $30 per share. #sofi #outreach #engineering #software #swe
Don’t know about Galileo. It might be nice but in my interview experience with Sofi. I learnt that company and culture is shit.
Can you share more details please? I'm interviewing with them soon.
The 3000 shares are probably valued closer to $5-$10 per share
Ha? HR said it is 20-30 which is already pretty low for staff swe. Where does 5-10 come from?
Yeah that’s what they told me also. And based on target revenue attainment over this past year . Also no one is sure when the company will go public. I think the 20-30 range is more of what they are shooting for in the next 3-5 years if the company goes public.
What’s level at SoFi? Staff? My numbers were so low than this
Any place is better than Outreach. Senior Engineer here: its better to stay away from this company. Immature leadership - specially engineering leadership, no vision or clarity. They are sinking the boat, taking way more cruft than building anything; its all a big mess and with very shitty execution and not to forget - really stupid lower and middle management.
When things were booming, I noticed on LinkedIn that a fairly new sde 3 from Amazon joined as principal engineer there. Looks like outreach was throwing offers to just get folks from big tech to join without much due diligence.
Galileo lay offs was expected as part of acquisition. I think SoFi has more upside and can 2X easily by end of this year. I don’t see much risk there.
How can you say so sure? I think it is just a slow of growth there.
Galileo acquisition was to boost SoFi technology services. They already provide payment services to Robinhood , Chime and other Neo banks. I know it because I interviewed with them and my friend works there :)