someguydumbfly in  
Data Analyst  

Poll

Competing Offers: Stay or Go?

I'm a SWE with something of a win-win situation on my hands. I'd love the masses to weigh in and offer their opinion.


I received an offer from a crypto startup (2017) for $185,000 + 10% bonus + equity. My current company (definitely not crypto, much more traditional and "safe") has offered to match the base and bonus. This is a significant raise for me.


The benefits of the new company include operating in an up-and-coming industry (crypto/blockchain) with equity and the dream of cashing out with an acquisition. Or, at the least, new valuable experience to propel me further in a new industry. The tech stack is somewhat boring and not that modern (lots of on-prem). I get really good vibes from the team and will reap the benefits of start-up environment, which I'm geared for (fast pace, self-starters, company retreats, etc.)


The benefits of my current company (who wants to compete with near-equivalent monetary incentive) is stability and a beyond-supportive manager who genuinely wants to see me win and climb the ladder. The tech stack is sexy and modern (k8s, terraform, github actions, all in the cloud). There's no equity and the talent pool is "meh", no company retreats, very traditional.


Both roles are remote. I was actually head-hunted by this startup, I did not seek them out. The only reason I would want to leave my current company is because I am objectively underpaid.


Would love to hear what YOU would do!

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ramenenjoyerSoftware Engineer  
IMO, if your current company said they'd match the offer, I'd stay there. There's less unknowns with staying at a company that you already know to be good, and you mentioned your manager is great + a good tech stack so I see no real downsides to staying other than missing out on retreats I guess, but that sounds pretty minor personally.
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shupackControls Engineer  
OTOH, your current company now knows you're looking, and may look to replace you before you go. Then you'll go on their time-line. Potentially without an offer from the SU....


Take the SU, ensure you leave on good terms and you can (likely) go back to the boring company. That's part of why it's boring.... it's stable.
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