Would you take a Director role reporting to the CEO of small publicly traded company or Product Manager role at FAANG. Assuming pay and all other variables are the same.

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Director role sounds better to me, due to the exposure one can get instead of being narrow focused for a specific product/feature

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You’re at McK. You have a top MBA. FAANG is “easy” path. Take the director role, much bigger upside. You have a great resume/network to fall back on if it doesn’t work.

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A small publicly traded company can turn into a big publicly traded company. Ask me how I know...

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She’s talking about Twilio.

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Director role if you have confidence in yourself to take advantage of that opportunity.

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Be a cog in a machine or drive strategy and initiatives? 🤔

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This ^^ this choice seems so easy

What's the time at FAANG and what's the role at the company (Strategy, Finance, Ops ?). Is the public company a tech company? What field do you want to go into?

Personally I'd go to the public company because if you are truly getting Direct access to the CEO, you should get a certain level of exposure that you can translate to other Executive positions whether in private or similar Public companies. But hard to make an informed Choice without more information.

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Got it. Based on your response below, I really think it just depends on what you want. The smaller company will give you more exposure, but potentially more stressful as it's public. FAANG is more stability, less exposure but still pretty good pay. I also think you should put more thought into how you see the Fintech company growing and what it's prospects are longer term (grow, die, get acquired by a bigger guy etc)

Questions for the two roles:

PM: PM for what? Internal product, public facing product, internal platform, etc. Are you the lead PM or like the PM who's responsible for the fonts in one portion of an internal platform? Long term outlook for the product (e.g. is it yet another messaging app at Google or is it something that likely has more than a three day half life)?

Director: Director of what? Director of accounting is quite a bit different than, say, director of marketing. Long term outlook of the company or business unit?

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PM: Internal platform that is being taken public as an enterprise product, big potential for growth. Also not lead PM
Director: Strategy, directly advising the CEO. There is not strategy function so potential to grow the function and create it from the ground up

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I’d also consider your personal situation and how much stability you need. And by « stability » I don’t mean chill hours, I mean good benefits and reasonable certainty you won’t be laid off in an economic downturn similar to what we’re currently facing. Look hard at the fintech company’s business model and think about whether or not waves of layoffs could come further down the line. Think about how you would feel if you found yourself in that situation. Add this to other factors driving your decision-making.

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In a similar situation though larger company isn’t public yet (but probably will be in <2 years)

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Makes sense I don’t have kids right now so risk/reward ratio is a bit easier to justify at this point

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Thoughts?
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💲For those who DON'T think a six figure salary is possible:

👉Just ask for it. Really, you would be surprised. Might be easier to switch to a new company and ask. I did that 3 years into my career.

And 🛑 wasting your time at a company that under-values you severely. Sometimes switching companies every 2 years or so will allow you to keep raising the bar for yourself.

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Hi,

What will be the in hand salary for this?

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