I wonder how’s Scale for product folks at L6-L7? Got an offer and curious if I should join? Offer TC: 640k YoE: 8 #scale #scaleAI
Great offer are u PM?
Can’t confirm nor can i deny
How much is cash vs equity?
It’s 60/40 - equity/cash.
Does the cash include bonus? Or only base?
Got a similar offer some time ago (290k base, then spreadsheet with forecasted option value)). I felt it was a toxic environment and crappy tech/culture. I'd recommend you to keep looking elsewhere unless you really need something asap, or you know someone inside and are ok with what environment
How many options are part of the offer? Did the recruiter mention if the equity was based on the current valuation (7.3 billion) or a 10 billion dollar valuation?
It’s on 10B valuation. Since you’re part of the team, I wonder if you can help answer some Qs? How’s the work culture? How often do you work long hours and what are those long hours? Do you think the company will make it to 10-20-50B? Is there a liquidity provided by the company for those stocks? Thnx!
The work culture is more or less how it’s portrayed on Blind, but largely for high impact teams like Gen AI. This is public news, and someone else has linked the article about it in this post already, but Scale is closing a raise that would nearly double its valuation.
depends what valuation the options are based on: https://www.theinformation.com/articles/scale-ai-nears-13-billion-valuation-in-accel-led-round
Hey I’m considering an offer from scale as well, for a senior role. Curious as to the breakdown of your offer since idk if my recruiter mentioned a bonus portion. I’d love to dm you to learn more if that’s ok.
Hey! Sure thing!
From what I know there is no L7. You have L6 and then a director > VP etc. Re offer: So assuming that you have 1.5M equity over 4 years at the new valuation. Conservatively I would estimate that it's worth 50% of what they tell you today. If the new amount of significantly more (30%+) than what you make today - join else skip. If they end up being worth 10-13B , I would consider that a lottery ticket that you won big on, but wouldn't bet on it.
How are you estimating the spread for the 10B valuation? Also getting an offer from them but unclear what will be the new strike price and preferred price
Offer TC?
640 is the offer TC. Edited the post
Solid offer for staff or senior staff. IMO it's very overvalued but even then it's decent. Can't say more without knowing where you are RN