Take startup offer or wait for Twitter?

CGI
vjOr38

Go to company page CGI

vjOr38
Jun 29, 2021 30 Comments

I have an offer from a Canadian start-up in the clinic management space. They have been profitable for a few years now and got some funding last year (just to have some money in the bank). I have an offer from Twitter, but they are taking forever to give me a written offer. I'm in Canada and they have been having some challenges with the comp team. Should I just accept the start-up offer? I want to build my own start-up and I feel like joining a start-up will give me an opp to learn. However, I have a family and the twitter offer seems to be a better financial choice and will provide great WLB.

Here are the details:
My offer: Base $180K CAD, 7600 options to buy shares over 4 years @ $10 each, current price @ $30. The options would put me at 0.15% equity. I'm not calculating TC because the options can go to 0.

There is great product market fit and it looks like the company is going to grow a lot in the next 1-5 years. There is definitely risk associated with a small startup but I think the benefits of learning and growing with a startup outway the risks.

Twitter offer: I expect it to be around $300-320k CAD.

Update: just accepted Twitter offer. The recruiter who was managing my offer process left twitter but made sure my offer letter was ready before he left. TC 280k CAD Sr Engineer role 6 YOE.

#startups

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TOP 30 Comments
  • Google / Eng
    urself

    Go to company page Google Eng

    urself
    If you want to build your own startup, join the startup. You won’t have any wlb though, just a forewarning.

    The Twitter offer looks a little low for senior though, I don’t have any points on how much Twitter pays in Canada but I hope you can negotiate it up.
    Jun 29, 2021 6
  • StockX
    73-jdvaoab

    Go to company page StockX

    73-jdvaoab
    Take the money and go twitter imo.
    Jun 29, 2021 0
  • Carta
    zxxap9817

    Go to company page Carta

    zxxap9817
    Go for start up, but being profitable could mean that it won’t grow as fast.
    Jun 29, 2021 5
  • New / Eng
    cxYN13

    New Eng

    cxYN13
    I think with a family, go Twitter. I currently work at a startup in a pickle and that's not a great space to be and can only imagine the pressure having a family would add. Also, as someone that entered with 1-2YoE SWE experience, definitely wish I had big tech experience before going in. I learned a ton but I feel they're all mistakes that could have been mitigated from some good mentorship. Hope that offers some perspective. The startup you're talking about sounds infinitely more stable than the one I joined though, so certainly take this with some fat kosher salt
    Jun 29, 2021 1
    • CGI
      vjOr38

      Go to company page CGI

      vjOr38
      OP
      Thanks! I spoke to the founder and it feels like the startup is pretty stable and they are there to support.
      Jun 29, 2021
  • Amazon
    BigBee

    Go to company page Amazon

    BigBee
    I would go with Twitter. Btw, what level for Twitter?
    Jun 29, 2021 3