Thumbtack Base: 210K RSU: 750K (4 yrs) Sign On: 50K FTX Base: 250K RSU: 750K (4 yrs) Both Senior Software Engineer with promises to quick promotion. YOE: 12
Profile? It's awesome btw
What position?
Updated post with answers to asked questions
Remote?
Both remote, with the Crypto, you can work from anywhere in the world
Wait since when does FTX do remote???
Ftx sounds like a stressful job.
Wow everyday I find new unexpected tier 1 companies (400k+ TC for senior)
Yeah $250k base fully remote is dope.
Uber, leveling might be different in different companies. They only have L1-L4 where L3 is Senior and L4 is Principal
Both are private company RSUs right? When do you think each will go public/IPO?
Most likely TT but I didn't see thier public nor private S1. Have they filed one yet?
TT hasn't filed anything. We probably won't IPO until macro conditions improve and we implement some key product improvements that meaningfully differentiate our product experience from competitors.
What was the interview like at FTX?
ok we did not raise after 2021. carta shows fmv 5 and i don’t know where it is getting that from. not sure when we reevaluated but when it became 13.1 it was a big news at the company. if it went back to 5 i would expect it to create noise at the company but i haven’t seen anything like that. is it possible carta is not upto date?
Carta usually takes the value from the last 409a valuation, which happens at a certain cadence, depending on maturity of the company. If Carta is showing FMV of 5, it's probably from the last 409a valuation. It's the elephant in the room that nobody wants to talk about. Check with your CFO about last 409a valuation.
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Wow. Can’t believe Thumbtack can pay so much.
What price did they tell you for the RSUs? The last funding was around $13, but latest 409a value is around $5
Wow! I didn't know that. They didn't tell me the last 409a valuation. They evaluated at $13.11, the price from last round. This changes the whole dynamics