got an offer from uber, 450k tc currently make 400k at netflix all cash + 5% of salary in options on top of it. option one - join uber, stock price is low, lots of career growth and potential for growth. option two - show this offer to netflix and get a raise. in the long term netflix will have a hard time but for now its a safe bet. No trolling please. i really want to know how bad things au uber are. netflix stock just dropped from 400 to 290 i’d appreciate word advice or an explanation from uber folks as well 9yoe
Why not do both? Ask Netflix to raise and then decide. I guess you might burn some bridges
What level at Uber? Assuming it is 5a, take it.
Yes, I like an opportunity to keep growing and having levels and I want to become 5b over time. Can i dm you?
Uber is a short-term career with all politics and punishing people who uncover issues to fix. Just see the recent exodus of people (seen tons of farewell posts)
Go to Uber. The work will be hard and the hours long, and you’ll be surrounded by investment banking type A engineers.
This is the highest 5a offer I’ve ever seen. The stock price is so low right now that you’ll do better than many people from 4 years ago. Amazing upside from here if you believe in the company long term. Also great this is 5a because there’s more room for growth if you perform while this would be a bottom tier offer for 5b, and you would be compared to to other 5bs during reviews. Culture/WLB is fine. Everyone’s experiences are team specific, though. Morale is low because people are concerned about the stock price, but if you’re willing to stomach short term fluctuations and accept that risk, you’ll be fine. Comes down to whether you believe in the industry, like your Uber team, like your potential projects, and are looking for a change. 400k cash at Netflix is a great place to be in still.
Appreciate a thoughtful advice! I only got such a high offer because: 1.luck, interview went well 2. I was open about my current comp 3.these 9y are on top of PhD, so you can count it into the experience
Would you share Offer breakdown? Also, isn’t Uber hiring freezing?
Is Uber out of hiring freeze?
Stock is all time low. If the value doubles in a couple of years your TC will be worth a million. In Netflix, your TC will not fluctuate. If you believe in the company and are willing to bet on it, then it’s a good opportunity. Morale is low here because of the news about lay offs and stock price going down day by day. Good talent is interviewing. I am interviewing with Netflix right now, mind if I DM you?
I predicted this years before uber ipo’d. A business losing billions goes public, stock tanks, who woulda guessed??
If you truly believe that Uber shares will increase then you should buy Uber stocks. You're not willing to then it means you don't believe in them strong enough and you shouldn't expect your TC to increase.
Did you factor in the commute difference? Uber is in SF and Nflx in LG.
Can u please also explain why Uber is bad? It’s extra 50k after all and less taxes to pay! All cash is not always that great.
You will pay the same taxes in uber. RSUs are taxable as your base salary.
50k on a 400k salary is literally nothing. It’s not going to change your life at all. Look for value in your work, synergy with the team, and a mission you can get behind. Pick that company. You’re just being greedy.