Udemy offer evaluation

Udemy senior SDE offer: $190k base, $10k sign on, 6100 shares of RSU/4years, estimated at $70/share as their current FMV. Is this a good offer? Worth joining? When will they go public? Thanks! YOE: 6 TC: $335k #engineering #software #swe #salarycomparison #tc

Twilio fkingowl Aug 31, 2021

6100 dollars of RSUs?

Amazon RShah729 Aug 31, 2021

Typo, just corrected it. Thanks

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nopenope2 Aug 31, 2021

Lol Udemy has stocks?

Google gg wp Aug 31, 2021

I hope OP meant 6100 units x $70 over 4 years. Which makes it roughly $106k per year in Stonks. Looks like a strong offer, if it IPOs

Amazon RShah729 Aug 31, 2021

That’s correct, I’ve just corrected the OP. Thanks

Druva DEdx28 Aug 31, 2021

Wouldn’t it be lower than your current TC then op

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kodr Aug 31, 2021

What happens if the company never goes public? You don't get anything if you leave?

Amazon RShah729 Aug 31, 2021

Correct.

Amazon matrix2021 Sep 1, 2021

There are so many websites like udemy. What makes it special enough to be successful and do IPO someday?

Salesforce eVBM24 Sep 16, 2021

Supply side content itself is a big moat. Building mature consumer and b2b offerings is not easy (b2b is 100mm+ ARR itself). Global TAM is massive. Localized in like 60+ markets which takes years. They’re pretty well positioned, and their recent acq on the b2b side just reinforces that.

Udemy xUIu21 Sep 1, 2021

Who gave you the 70$ share price number ? Recruiter ?

Amazon RShah729 Sep 1, 2021

Yes. What price is it?

Udemy xUIu21 Sep 1, 2021

This is good numbers. I wish you had joined earlier. Check if you can ask for staff

Udemy xUIu21 Sep 2, 2021

You should consider this offer. Work life balance is good here

Amazon Cox39z Sep 16, 2021

I rejected it, TC is lower than what I’m making right now. Thanks.

Amazon wwqwwq Sep 8, 2021

Do they have annual bonus, or just base plus stock rsu?

Walmart Wwq168 Sep 15, 2021

How is udemy culture?

Coinbase 🔅coinbae Sep 16, 2021

Is $70 the number you come up with by doing math or is this something that HR told you?

Amazon Cox39z Sep 16, 2021

HR told me that.

Coinbase 🔅coinbae Sep 16, 2021

But they didn’t tell you the valuation of the company? The most recent round has been at least half a year and I’m sure the valuation is more than 3b today.