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I love these vague posts where people ask us to weigh in on life decisions by offering no information whatsoever. Lol
Or are willing to change jobs and move for a 5% pay increase
Why is airbnb offering options..what am i missing here?
Airbnb is offering a work from anywhere with teams in other locations. I believe a 2000k quarterly credit towards Airbnb rentals. It’s geared for more of a digital nomad and their comp won’t change as long as they keep an address based in the US.
I love win-win dilemmas like that, so congrats. I think it might depend on which FAANG for me personally--you're right that the airBnB options will be looking pretty in the long run, but I also really value WLB so for if the FAANG was a company really known for WLB it'd give me pause. Whatever you choose, good luck on the journey.
Whats the comp
Rising Star
Looks like you already work at AirBnB haha. IMO take the options from AirBnB, they’re going to be worth A LOT
Congrats on getting this far with both! Definitely a tough decision to make, but I mean getting in with a FAANG company could also pay off better in the long run - both monetarily and with experience gained. Keep us posted!
As as far as i know airbnb offers rsu, not sure why they’re giving out options and if they are that sounds terrible
Do you know the difference between options and RSUs?
RSUs are better if the stock price isn’t going up currently. Options are good if the price is going up. You have to pay full fmv at issuance for them (this only legally applies if they are qualified, but most in the us are) but they should be worth much more when you sell them. RSUs will cost you nothing but you own taxes on the full value. Also technically since RSUs cost the company more (because you have no cost) an equal value grant of RSUs will have less shares than options. Is the options aren’t qualified the difference is smaller than for qualified options.