How should I evaluate plaid’s offer and valuation? I’m in interview process and things are looking good so far. Recruiter said that offers would be at 13.4. In this market, am pretty sure its not worth it. Plaid folks - 1. Whats the real valuation of plaid? 2. Can plaid grow into 13.4 in the next year? 3. Whats the revenue plaid brings every year? 4. Would it be wise to join plaid? Edit 1 5. Any layoff fears? 6. How are the refreshers and annual increments? L2, 210k, 5 yoe
It needs to be sliced in half, at least
Will take 4-5 years to grow into current valuation, assuming past 50% yoy growth rate.
Do you work there? Can I DM?
Don’t accept plaid offer at 13.4
All but your revenue question are subjective to the individual who responds. 1. The value of Plaid is subjective and is going to be driven by both the use of the value and the assumptions that go into it. For option/RSU issuance the value is going to be different than the value in the articles for when they last raised, which is going to be different from what an investor is valuing it at for their stake in the company. 2. See above, but it could also not grow to a specific value in a certain amount of time. 3. Unless Plaid is publicly announcing this, it’s mostly likely not going to be available or disclosed. The company is private for a reason and one of the big ones is not having to disclose information like this. 4. Subjective to the respondents and their attitude towards Plaid.
Plaid is offering RSUs at 13.4 which is their last funding round
Why Stripe to Plaid OP?
13.4 is too high. They might grow into it in 3 yrs. But if you join a public company your RSU will grow at least 30% in the same timeframe.
What do Plaid offers look like… Also, don’t join at 13.4 - (assuming 13.4 B valuation) … what exactly is the suggestthen? Wait for it to fall below 13.4B… when does that happen? .. Is there an impending funding round around the corner or something? What do you expect OP to do?
It means don't join, find another public company whose valuation makes sense
I understand that 🤣🙏, what valuation makes sense - if not 13.9?
Plaid at 13.4 is a joke .. public valuations have come down 75%+ in fintech, so I’d assume a similar drop if not more. Didn’t stripe also just launch a competitor product to grab market share from then?
Fintech growing in the next year? Are you serious right now?