Date: July 20th, 2018 9:18 PM
Author: hairraiser coffee pot school
How big of a compensation cut are we talking about? If he's a VP at GS TMT, his total comp is probably $400-$700K, depending on his seniority and performance.
Lyft and Uptake are both private companies, although Lyft is a late stage and Uptake is early stage. I'm pretty sure the latter provides options while the former provides RSUs (yes, they are different). I think Uptake is an interesting company, but joining an early stage startup is always risky. Lyft is OK, but I'm not a big fan of their business model or the ridesharing industry in general. It's an industry that has low barriers to entry and no competitive moat. And there is nothing about Lyft that distinguishes it from Uber, aside from the lack of corporate scandals.
Dropbox comp and perks are great, but cloud computing is a highly commoditized business, and they haven't figured out how to extract more revenue from individual users. Currently, the bulk of their revenue is from corporate accounts.
Snapchat is in a sick location in Venice. Their RSU vesting schedule is fucked up though (10%/20%/30%/40%). I think Snap's biggest competitive advantage is its strong hold with young users, who now use Snap as their primary social media app rather than Facebook. The active rate and engagement metrics are pretty high, so Snap needs to figure out how to translate that into higher retention and ARPU (Average Revenue Per User) while controlling their server costs.
I'm a huge fan of Netflix. Love their content. But the dramatically increasing content costs (2019 will be $13 billion vs $8 billion this year), competitive pressures from Disney, are concerning. Also, while they give very high salaries, they don't provide RSUs to employees. They do give incentivized options where employees can purchase at a discount from the strike price.
Oath seems TTT. It's Verizon's subsidiary that includes Yahoo and AOL.
(http://www.autoadmit.com/thread.php?thread_id=4031326&forum_id=2#36468646)