Recent submissions

Comment · 8 years ago
Either (a) they want you or (b) they want someone like you. If (a), they find any reason for hiring you, if (b) they find any reason for not hiring you. This explains most of the interview dynamics, especially at large companies.
Comment · 8 years ago
The matter is not being nicer for the sake of it, but more not being a bunch of cultish, indoctrinating, out-of-touch-with-the-world, fake-no-nonsense people. I also tend to judge very negatively people who are "nice" or "not nice" depending on the economic benefit they get from their conduct.
Comment · 8 years ago
There are no performance reviews at Netflix.
Comment · 8 years ago
Putting aside the very rude "dude", it is not a matter of how RSUs work or do not work, more simply they never talk about RSUs because they do not give RSUs. As I said, you never got an offer or you did not pay any attention. It is fine either way, of course. No need for any letter.
Comment · 8 years ago
Not everything that is lawful is also ethical. He can do it and I firmly believe it is unethical at the same time. Also, and I am not necessarily referring to the CEO, being a bad person – when the noun would actually start with the letter a – doesn't mean having a mental disorder.
Comment · 8 years ago
Not even remotely similar. RSU for a public company given at $100 per share can be sold at $100 per share (or more or less depending on the value of the share when it is sold). For public companies, that is basically cash. If you buy an option at 40% of current $100 value means you pay now $40 dollars for the option of buying the share at $100 in the future (Netflix has a 10 years horizon). That means that you start making money ($1, pre-tax!) when the stock reaches $141. If it does not happen, you have lost your $40.
Comment · 8 years ago
Most of the time they do not hire average people – in the sense that they are not considered average, then some of them are actually pretty bad, but it is part of the business of false positives.
Comment · 8 years ago
Stoic maybe if the same rules applied to him, but it is not the case, they apply to everyone except himself. Maybe it is just me, but I don't like when people apply harsh rules for everyone except themselves. Cult or dictatorship come to mind.
Comment · 8 years ago
It is wrong and it is very unlikely that you read it in an article, since it is not a secret. There are no stocks, it is all cash for everybody, at least below the C-suite. You can use up to 100% of your salary to buy stock options at 40% of current value. The options are delivered each month and vest immediately.

There is a huge difference between shares and stock options.

Comment · 8 years ago
It is very common at Netflix.
Comment · 8 years ago
There are no RSUs at Netflix, just for everyone 5% each year of annual salary in free stock options at 40% of current value, vesting every month. You can also use up to 100% of your salary for buying stock options at 40% of current value. The policy made rich many people who invested heavily in the stock options program years back.

The severance package is 4 months of salary.

I doubt you got an offer from there, because it is all very clear, or you did not pay any attention.

Comment · 8 years ago
The initial offers are often higher than 400 for Senior Software Eng, Senior Data Scientists, Senior Machine Learning Research Scientists and Engineers. 600 is actually pretty common for experienced people. On paper, there are no Juniors (there are associates in Marketing and Business and I think other teams). They pay top of the market according to their Excel sheets.

Netflix does not have "tech lead" or "Principal" roles for the Software or Science teams. It is Senior, then you have Managers (who can be paid less than Seniors), Directors (no senior Directors), VP (no Senior VPs), and C-suite (with comp that is publicly available).

Comment · 8 years ago
I agree, they sometimes exchange dignity for money.

In fact, it is not-my-wild guess that the probability of stopping a homicide steeply decreases with the amount of money given to look the other way. For some, even their sister's. Go figure for a job in tech.

Comment · 8 years ago
Well, we are talking about back-stabbing nerds, they typically do not get physical, they prefer "politics". And it is the opposite, it is not self-assured people who stay there, but insecure people who team up to make the self-assured fired. A very strange environment.
Comment · 8 years ago
I hope you understand that there are people who worked at these companies and received offers and they know what they are talking about.

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