Recently got an offer from instacart: 200K base 180K stock/per year. Level 5 My current level at google is L5 after 5 years. TC: 300K. 160K base. The recruiter made it sound like the bar raiser interview didn't go as well as he hoped, hence this level..also told me that this is more of a lateral move /downlevel from google. I also got an offer from hippo insurance. The offer details are not concrete, but base could be 150 - 200K. This is for senior software engineer position. #google #hippoinsurance #instacart
What's your current Google breakup? Instacart is paper money. Be careful with that. Recruiter will sell bs that it'll go up but it won't. Similar to Uber Lyft doordash
If you are in a position to take a risk, do it. Blind is overly saturated with "Safe" people who would only go for public companies. If you are financially stable, go for a startup, get 2-3 years worth of equity and stay/move out. If IPO goes right you will make bank and also will have a much bigger scope, else you earned less for 2 years. Not a big deal. You tried something and failed. Happens. But you gotta take some risk to gain something. So your personal situation and risk aptitude is a big factor but "advice" from blind doesn't factor that in. You have cracked Google once and now instacart. You are smart enough. Make your call and go live :)
I disagree. Look at Instacart valuation and compare it with Lyft and Uber because they all are gig based and margins are very low. If you think Instacart valuation will increase or stay as is then it's worth a shot. I personally don't believe instacart is worth $16B (Lyft is $9B). If user's mentality continues as what it is currently, they're gonna continue using Instacart, if not, their valuation will decrease because they can't make enough money to justify their current valuation.
Blind = FAANG
I think Instacart is move than just another gig economy startup, they have a good business model that expands into retailers and CPG. Grocery margins will always be laser thin, but they can Augment those with other revenue sources such as ads and anything local delivery. I think it’s an easy $50B ipo, if they time it right.
What dis you do finally?
How was bar raiser? Just behavioral questions?
Any sign on bonus for Instacart? I think the offer is solid and potential IPO can bring in more $$
Only if they are giving equity or can choose salary breakup ie salary in $ vs stocks
Didn't get to talk about sign on (these are initial numbers).