Second year EM at Mck. Offer from stripe at 200 cash, 320k TC. WLB at Mck has been fine. Would you take?

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What is fine WLB at MCK

likefunny

Asking the real questions

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i didnt even read the comments. take that shit. immediately. fintech valuations getting crushed, this is a good offer.

likefunny

Still seems like we're disagreeing on a recommendation based on timing of valuation.

If the offer is based on a valuation that happened in Q3 2021, there's risk that it's not worth as much now. If the valuation happened in Q2 2022, it's probably already come down and while it may further reduce in the future, it's probably closer to "buying the dip."

But if the 28% cut just happened, then the equity offered is now worth 28% less. Which is what people were warning about and it sounded like you were saying wasn't an issue.

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Not a great offer for 2Y EM assuming you have 7+ YOE and MBA and are also in a VHCOL. Also stripe stock is overvalued right now.

I would stay.

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What’s TC for 2nd year EM?

Tech is going to continue to plummet so no

likesmart

thanks dad. come bsck when you need snother crash course on whats actually happening

Would not take

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What are the current hours?

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Depends on what you want
Purely financial stand point I wouldn’t take it if I already had a platform for AP

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That is low cash - if lifestyle is fine and you are already doing practice building, LOPs, and shit you need for AP I’d just stay until you make it. If lifestyle is fine because you haven’t started the other stuff I’d think about how willing you are to take an extra 10 hrs per week.

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as a stripe customer, i’d avoid that place like the plague, they can’t get their shit together on much of anything,

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What are you making now and what are the hours expectations at stripe?

If it’s a 30%+ raise and hours are normal. Then yes

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Make close to $300k cash now. So no real difference in comp, hours would just normalize. Also don’t have MBA

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One of my former colleagues interviewed with Stripe recently and said it was a whole lot of red flags. Probably best to hang tight at McK.

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You can do much better than this OP at your current level and with another promotion even more. Wait for the perfect opportunity.

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I know people the level below making $320K, so 2 years beyond that should definitely fetch more, though the YOE could factor negatively

Really low offer. You’ll make more at McK (I made more as a 4/5 rated 1st year EM last year)

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Really? I thought distinctive was $330k last year.

If you’re thinking long term, would the stripe role position you for a better next step five years from now than staying in consulting? I imagine yes. But also the only reason we work is for money to benefit our personal lives so not an easy call

Lol no.

Are you an EM as in business development, or consultant on the tech side of the biz?

What practice at McK? Think a lot depend on how you see your trajectory / practice growth

Take a look at what Stripe employees say about WLB there.

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