SqueakyJellybean
SqueakyJellybean

Offer Evaluation

I’ve got an offer from company named Yubi(previously CardAvenue) with the valuation of around $1.5B. They claims that company will be going public in next 1.5 Yrs max. I'm not quite sure how true it is.

Any insights about its work culture and company future. Would it be a good deal to accept ?

TC offered : 52L Fixed + 15% Variable + 30L ESOP's 37% hike from my current base. YOE : 11 Location : Chennai

12mo ago
Jobs
One interview, 1000+ job opportunities
Take a 10-min AI interview to qualify for numerous real jobs auto-matched to your profile 🔑
+322 new users this month
PeppyPickle
PeppyPickle

Run away

SqueakyJellybean
SqueakyJellybean
Apple11mo

:-) Thankfully I've rejected the offer. But what's more concerning at Yubi. ? Any insights pls

ZestyQuokka
ZestyQuokka
Swiggy12mo

Going public can depend on multiple aspects so you are right being skeptical about it.

But afaik if a company has plans sooner or later they will go public. Check how the competitors are doing in terms of valuation compared to revenue and profit. Then decide accordingly.

Also on what designation you were hired? As even though its 37% hike but with 11yoe , 52 falls on the lower side afaik. But still early to comment not knowing the position you were hired for.
Espos can be asked for. Since the valuation will be on higher end as most company decide to go public when there isnt option to milk the investors hence public become the resort to make money.

WobblyCupcake
WobblyCupcake

Mind sharing your skillset? And why are you moving out of paypal?

Discover more
Curated from across