Maybe I'm not used to the Silicon Valley processes but I think it is pretty uncool to tell your company you received another offer... even without explicitly mentioning you want a raise. You should either be happy with your company, or talk with your boss in order to get better conditions. And if there is no agreement you can look around and go in some other place. But playing the game of the higher offer is somethin…
But playing the game of the higher offer is something that always disturbed me. Not me. Here's my experience (many times): Phase I Me: I deserve more $ because . Boss: I can't because . Phase II Me: I quit (not bluffing). Boss: You can't. Here's more $.
Phase I
Me: I deserve more $ because ...
Boss: I can't because ...
Me: Ok
Phase II
You look for a better job where you can get what you deserve, without telling your company about it.
Phase III
I found the job.
Me: Sorry, I'm leaving, I found a job with the right $
Boss: Ok, we can match the offer
Me: no way, I'm leaving.