191–200 of 224 posts
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This is correct. You'll still repost prorated signing and relo, but some of your stock will have vested.
Surprised there is no one-year cliff now. Also did you have to return the pre-tax amounts or the post-tax amounts?
Obviously you wouldn't pay tax on the amount you return, so it's not really an important distinction.
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What's compensation driven thinking ? There's a difference between only caring about money vs asking for what you deem fair. Startups always abuse the naivete of new grads and low ball them by saying they are working for a grander cause. That is BS too.
This isn't a fair assessment. Startups can't pay BigCo wages because they don't have the money to. They have to leverage other, harder-to-value benefits which BigCo generally can't offer. Increased responsibility, fewer "rules" on how to execute, more tightly focused mission are a few. Naturally this differs company to company and there are always bad actors. The compensation equation works out differently for each i…
on what conditions can you turn that into something you can spend?
there is usually a good reason people offer magic beans instead of cold hard cash... an 99% of the time it is because they are less valuable, and possibly valueless (even if the company does well the requirements to cash in will often be prohibitive)
Advice from someone who had a similar choice and went the startup route: choose the Google option. It will not only open doors for you for all your future jobs, but you can invest the money now and create a nice start for yourself. There will never be any shortage of interesting startups to work for in the future.
I couldn’t agree more—I would add live below your means because you don’t want to get used to that lifestyle/level of income where it would be impossible to step back later if you wanted.
Life finds a way. -2008 joeb
(Being real, this is good advice. Find the lowest-cost digs you can get; stay flexible, lease; don't get involved with securities you can't unload. Remember that you're on a 5-year plan.)
Advice from someone who had a similar choice and went the startup route: choose the Google option. It will not only open doors for you for all your future jobs, but you can invest the money now and create a nice start for yourself. There will never be any shortage of interesting startups to work for in the future.
> It will not only open doors for you for all your future jobs Is this true though? I guess it might help with the first contact, but I've heard from x-googlers that they still had to prepare and pass all those whiteboard CS-riddle based interviews again, for next endeavors.
I would be leery of hiring from Google. I would need to be convinced that the candidate strongly rejects Google's culture.
Earlier quoted context omitted.
> It will not only open doors for you for all your future jobs Is this true though? I guess it might help with the first contact, but I've heard from x-googlers that they still had to prepare and pass all those whiteboard CS-riddle based interviews again, for next endeavors.
I'm sure it does open some doors. It closes other doors. I would be leery of hiring from Google. I would need to be convinced that the candidate strongly rejects Google's culture.
Depends on what you'll be working on at Google, IMHO. Coding to sell more ads? Hell no. Coding to siphon more data on users from adjacency businesses to eventually sell more ads? Also hell no. That's like 85% of Google's business, so...
Disclaimer: I'm a founder of an early stage startup, so I'm biased. You need to figure out what your goals are. We can't answer for you because we don't know what you want. If your goal is just money (which is fine, don't be afraid to say this), then definitely go to google. In 10 years you'll be earning 500k per year, and have put away a ton of cash too. Financially, if the startup is successful you_might_ make $10m…
Disclaimer: I'm an ex-FANG, ex-founder, now-again-FANG, so I'm also biased. I'm somewhat bothered by your comment about money: > If your goal is just money (which is fine, don't be afraid to say this), then definitely go to google. I find this disingenuous, as money is also a big reason why people do startups, both the employees and the founders. The founders could have chosen to implement their idea inside Google or…