Hi folks, Need your help on deciding between the two offers here. Meta, NYC, IC5 - Base 232k - Bonus 35k (15%) - Equity: $975k for 4 years, or $243.75k annually - Sign-on bonus: $75k TC: $586k (first year), $511k (second year) TikTok, San Jose, CA, 2-2 - Base 340k - Bonus 85k (25%) - Equity: $316k at 20-25-25-30 vesting schedule - Sign-on: $100k TC: 523k (first year), $541k (second year) Current TC: 450k, L5, 5.5yoe Let me know what you think. Will TikTok potential overturn Meta's offer? And whether there should be anything else I should worry about. I want to male big impact and this is a very significant decision for me especially in this day and age, and want to make sure I got the right one. #engineering #swe #tiktok #meta
Yoe?
5.5 edited
Stay at Google obviously
WLB is bad at both. Meta is better than TikTok in pretty much every way, but you’re really looking at two of the worst companies possible here. Get a counter from Google and if it’s even close I’d stay
Meta, easily. TikTok is okay, but Meta has way more upside and will easily get you paid in the future. Plus, that kind of money in NYC will make the city your playground. Best of luck! TC: 105K
Hmm Chinese 996 slave labor camp or best tech company in the world for more money and liquid stocks? Tough choice bro
We have had a senior Googler come to TikTok. They quit in 6 months. The bar right now is pretty bad because capable candidates do not choose to come to TikTok. I would advise you to choose Meta and not look back. After this stint at TikTok, I will never work for another Chinese company again in my life. Interviewing externally right now and planning to GTFO by the end of the summer.
Yet i get no responses even with referrals
+1 to this guy. It sucks. Plus when you leave your buy back price is quite lower than what current employees are offered. I really don’t see how it’s legal but that’s the way it is. For example, an employee buy back price could be 170 while an ex employees buyback price would be 120.
Meta is obviously better. The only catch is that there’s been a lot of hire to fire at meta, so choose wisely if you want to leave
Just take Meta already.
How do TikTok Equity rewards work? Isn't it still a private company?
TikTok’s stock is private and difficult to liquidate. The buyback plan is poor. There are obvious legislation issues with TikTok. The WLB and culture is measurably bad. You’d be naive to even consider TikTok. As you discovered, Meta won’t even counter TikTok offers as TikTok’s stock is private and Meta knows candidates will take Meta over TikTok in a heartbeat.
But the high risk of TikTok stock also means they are at a discount. I really like the project at TikTok so I wonder if it is worth it. How much more stock would Tik needs to offer to you for you to be ambivalent?
What valuation is TikTok telling you, and how do you know it is at a discount? That very well might be true depending on how they are valuing themselves and how you value them. But I promise whatever auditor or investor gave them that value has way more info than you do