Tech Industry
Jul 14, 2018
Gššber
What should I expect for base, cash bonus, equity refresh, and new hire share grant? I have an offer in hand and the recruiter said itās top of band for 5b. I want to believe š½šø (and I want join).Sharing 5a or 6 would help if you donāt know 5b.TC is slightly >500k over 4 years @ $40/share. New hire grant a bit under 20k RSUs. If you donāt count equity refreshes then TC is ~420-460
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Apple
brownrice
Jul 14, 2018
Yoe?
Gššber OP
Jul 14, 2018
~11y
Uber
tapp
Jul 14, 2018
That is very solid, congrats! 5B offers used to have lower RSUs in the past that I know of. Also, $40 price works in your favor IMO, that values Uber at 62B. Expecting a steep climb up.
Gššber OP
Jul 14, 2018
Thanks for the deets! I agree, Uber is worth more than $62B, itās executing on all cylinders this year, Eats and Freight are rocket ships. Any idea how L5b compares to L6 at companies like goog/fb? Is it closer to a 5 or a 6 or square in the middle? Very excited about the opportunity.
Uber
(Admin)
Jul 14, 2018
It's well above my 5a, which I've been told by several is quite good.
Ok rcbu
Jul 14, 2018
Why would you count equity refreshes? There's nothing guaranteed about it is there?
GeoffDean
Jul 14, 2018
Agreed, only evaluate offer on whatās in the offer sheet
Gššber OP
Jul 14, 2018
They were on the offer sheet (at 100%) along with cash bonuses, the only thing guaranteed to me assuming I wasnāt fired was base and initial grant. The payout ranges from 75% to 300% for the discretionary items. Below 75% and your ass is grass anyway.
Uber
Poiiy
Jul 14, 2018
Thatās a crazy high offer for 5b, congrats
logloss
Jul 14, 2018
Hi fellow Pinterester. My 5a offer was around 17000 RSU and 180 base. First the recruiter gave me a lower offer on the phone (don't remember the numbers), and I directly said this won't work you know my competing offer numbers and this is low. Then she said it won't go any higher because of new comp policy etc. I said ok then I don't want to take your time. Then there was a week of silence, I wasnt even considering Uber anymore and they suddenly contacted again with the above offer. I said this isnt much different from the initial offer and said no again. That was it. I wrote the details for you to have an idea of the process.
Gššber OP
Jul 14, 2018
Howdy. I bet we know each other irl. What was your Pinterest level and TC? Thanks for sharing.
logloss
Jul 14, 2018
Will PM
Snapchat
moratorium
Jul 14, 2018
What's the break down? What's cash what's equity?
Gššber OP
Jul 14, 2018
PM me.
Uber
U75
Jul 14, 2018
Ask for 20k RSUs, not a bit under. You will get it.
noob101
Jul 14, 2018
Mind to share the standard bonus and refresher structure at L5b? How that differs with L5a?FB E6 these days go in $450-550k range (base $200-$250k, stock 800k-1M); of course top E5 I heard was even offered up to $500k. That being said G/FB already 600-850B valuation; these stocks donāt have room to go say 3x even in 10 years!
Uber
Hchfufu
Jul 14, 2018
Meets refresher for 5B last year was ~100k but there was an additional component last year that was meant to be a one time fix. My total refresher for both came to be around ~250k. Next time around I would expect the number to be somewhere in between 100 and 250 i.e. a higher base refresher from last year but no more one time correction.
Uber
Hdsvbytf
Jul 14, 2018
What is your annual rsu after refresh
Uber
bag
Jul 14, 2018
Offer seems solid Op! Welcome to Uber!
hdjxkkw
Jul 14, 2018
Had an L5B offer last year with TC 650k (after a couple of hard-ass negotiations). Don't include the RSU refreshes in your TC unless they are written down in your offer letter as target bonus.
Uber
ThoughtOne
Jul 14, 2018
What's your tc@linkedin?
hdjxkkw
Jul 14, 2018
Linkedin was generous in offering me slightly more than Uber and then i have benefitted a lot from the MSFT stock growth since > 12 months. Sorry, don't want to be more specific here, but you can do rough calculations. (Another major factor in consideration was that i absolutely love the folks and culture at LinkedIn.)
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