Offer evaluation

NVIDIA
nv777

Go to company page NVIDIA

nv777
Jan 21, 2021 15 Comments

Hello, I have recently got offers from Sumologic and Rivian. Not sure which one to pick. Both are amazing teams and I’ll be a Staff Software Engineer.

I also have onsite interviews scheduled at FB, Google, Databricks and Brex.

Sumologic Offer: $190,000 base, 18000 stock units, 20,000 signon, 10% annual bonus. 1 year cliff on vesting, then stocks vest quarterly. Stock refresher happens every year based on performance. They also offer ESPP with 15% discount on lowest price of 6months.
TC @Sumo = $349,000 (stock price at $30, includes signon)

Rivian offer: $180,000 base, $220,000 worth of stocks (don’t know the value at which the units will be calculated. Recruiter said that the price will be decided in the next board meeting), 20,000 sign-on, no yearly bonus. Stocks vest 25% on a yearly basis(instead of quarterly after one year cliff like most companies). Also, although they aren’t public yet, they are giving RSUs instead of options, so unless you are employed at the company at the time it goes public, you lose out on all your RSUs (even the vested ones). No stock refreshers till 4 years unless there is a promotion. They also do not have a performance bonus although they are planning to put one in this year.
TC @Rivian = $240,000 (includes sign on)

One more thing with Rivian is if I chose to switch companies before it goes public, I’ll lose all the vested stock units too (very strange but that’s what the recruiter told me)

Considering EV space boom (Tesla and Nio), I’m not sure if I should lean towards Rivian.

Location: Bay Area

Current TC: $230,000
YOE: 8

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TOP 15 Comments
  • Apple
    kahjillion

    Go to company page Apple

    kahjillion
    Agree with Airbnb^, I’d suggest waiting for other interview results. If you can get Databricks, go for that as they will IPO soon. Haven’t heard of Brex in a while, the last time I heard anything of them was when they were overvalued. Google won’t give you a great offer and most likely will downlevel you. FB will probably offer the most liquid TC.
    Jan 21, 2021 0
  • How did you Brex onsite go. I have an upcoming onsite, can I dm you. Wanted to get some insights - coding/debugging ques level (standard LC - medium/hard) and system design level.
    Jan 27, 2021 1
  • WSI
    Job&TC

    WSI

    Job&TC
    How long does the interview process take for Rivian? Initial recruiter call to final offer?
    Jan 24, 2021 4
    • NVIDIA
      nv777

      Go to company page NVIDIA

      nv777
      OP
      By 1st round, I meant the technical phone screen. Recruiter call was probably 2-3 days before my 1st round..
      Jan 25, 2021
    • WSI
      Job&TC

      WSI

      Job&TC
      Awesome, thank you! That’s pretty fast.
      Jan 25, 2021
  • Base is low for staff. Sr 1 makes approx 175-185 plus bonus. Then there is senior 2 and then staff. I would ask for more base.
    Jan 22, 2021 1
  • IBM / Other
    slong

    Go to company page IBM Other

    PRE
    Amazon
    slong
    OP, did you negotiate the Sumo offer? If so, what was the original package?
    Jan 25, 2021 1