Grab vs Amazon
Got offers from both. I am more interested in Grab because it looks like they are trying to solve some interesting problems and also a leaner company. Amazon's offer is great on comp and a good team too. Fishing for thoughts here for what people think about these offers. Amazon: TC-230k Base-140k Stocks-130units Bonus-130k Grab: Base-170k Stocks-28000units/4(pre-IPO) Bonus-40k(one time) Current SDE2. 5 yoe. Both offers for Seattle.
What is u r current level at msft?
Updated the post
Strike price ?
130k bonus? Wow! Even new grads dont get that high of a bonus.
Amazon has a stupid concept of caping base salary. So they give out 2 year bonus spread across 24 installments. I don’t understand the logic behind caping if you are anyway gonna give out big bonus and divide it by 24 to increase monthly take home.
Ohhh. That's interesting. And it's also a way to lock your employee for two years? This and the 5% vesting concept probably reduces churn.
Durrrrrr
What about an annual bonus in the comp models? Amazon does not offer a bonus target while my understanding is that Grab does offer a bi-annual bonus (percentage of base based on performance) similar to what Google and Facebook do.
That is correct. Bonus is 15% bi-annually.
Interesting. I was offered Base 170k Stocks 52k units/4yrs Bonus 20% target You can definitely go higher on stocks. I was also quoted a strike price of 5.5, with unofficial re-evaluation after Uber SEA purchase pegged at 8. Is 40k a sign-on? Recruiter bluntly said they don’t do sign-on.
Thanks. This is apparently their final offer. Is this an L5 offer? Pm'ed you.
Consider Grab. Steve Yegge left Google for Grab. Read his post in Medium.
Is Grab company going to die? I am skeptical only about their path to profitability.
Which location is this for?