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matgorzata in  
Full-Stack Software Engineer 10 months ago

Help Choosing Between an Offer at Stripe L3 And Meta L4

I have received offers from both Stripe (L3) and Facebook (Meta - E4) and am trying to choose between the two. Facebook unfortunately downleveled me from the E5 I applied at to E4, but I'm still thrilled to have an offer.


For my region, Stripe came in at $430k/year (200/200/30) with a $50k signing bonus.


My recruiter at Meta said she was able to push everything to the max for the level but only came to $247k/year (157/87/24) with a $60k signing bonus. I was told that they want to set me up for success and moving to an L5 should be attainable fairly quickly.


I feel like choosing Stripe should be a no brainer based on the compensation difference, but my Meta recruiter did suggest that their offer may be better a better choice (of course they would say that) since the equity is liquid as Stripe is not yet public. I also have heard some stories about poor work/life balance at Stripe and they definitely seem to not be as mature of an organization as Meta.


Just curious if anyone has any thoughts or cares to weight in about working at either (or both) companies.


Thanks!

company icon
Stripe
Software Engineer
Remote
Total per year
$430K
Level
L3
Base
$200K
Stock (/yr)
$200K
Bonus
$30K
Years at company
0 Years
Years exp
15 Years
company icon
Facebook
Software Engineer
Remote
Total per year
$274K
Level
E4
Base
$157K
Total stock grant
$348K
Bonus
$24K
Years at company
0 Years
Years exp
15 Years
19
6342
19g616kyasid5mFull-Stack Software Engineer 10 months ago
For what it's worth, I have heard the same thing about Stripe -- that the work/life balance is rough, even compared with similar companies. It depends how important that is to you, and also whether Facebook would be any better, which I kind of doubt. As for the equity question, it's true that equity at the vast majority of startups ends up being worthless. But for a pre-IPO company, Stripe is pretty late-stage. There's a good chance that the equity will be worth what they say it is. And even in the unlikely event that your Stripe equity ends up being totally worthless, their offer would still end up being only $17k less than Facebook's, so you won't be doing too bad if you guess wrong there. As for the classic "you'll definitely be promoted soon" pitch from Facebook, the recruiters have no idea whether that is true; they're just saying it to get you in the door. The most foolproof way to get a promotion is to find a job at a different company at a higher level. Since you already have that in the form of the Stripe offer, I'd go with Stripe if you are ok with the work/life balance.
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