I am starting at Snap Monday Jan 10th with 200k/yr stock (plus 175 base). My stock grant is calculated using avg of past 30 days. Snap's stock has dropped 10% in past two days (along with other tech stocks). Is it worth delaying start date for a couple weeks to get better stock price? Or is this just normal stock fluctuation and should I avoid trying to time the market?
Could drop more, could go back up
If the number of RSU’s you get is based on the price of the stock wouldn’t you want to start when the price is down?
Could also go up
Realistically it is impossible to predict the stock unless you have some insider info or confident analysis of stock market. The stock can either go up or down. Do you think you can time it with all the info you currently have?
Nope, definitely unable to time it. I guess I'm thinking that on average, it will stay at this lower price, which means that it might help me to delay start date. But, that also means I'd miss out on salary for those couple weeks. So maybe not worth it.
Plus, might make a bad impression on my manager if I push back start date just a few days before starting. I'm thinking it's probably not worth it.
It's exactly 200k per year? It was normally 178k per year did you negotiate an extra grant? If you delay too long you could pass the next earnings call near the end of the month so that's something to consider, could go up or down from that
Same here, they told me it's 178k for everyone
No need to time the market
OP is it a 30 trading day average or a 30 total days average? There has been significant movement and it will influence the calculations.
It’s average closing price in 4 weeks to be precisely
OP was delaying start date even an option? Also what did you end up doing?
Tech Industry
6h
1050
How bad is it in meta?
World Conflicts
Yesterday
274
Since people still can’t wrap their minds around the fact the Gaza death toll hasn’t changed
Tech Industry
Yesterday
3585
Job market is brutal for SWEs 🥲
Tech Industry
Yesterday
1726
Meta E6 offer.
Tech Industry
10h
476
How many years into your career should you be less of a code monkey?
It will drop another 40% So you can push by a month or 2 if possible.