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Oof. Hope there are some nice bonuses to go around, then. From what I heard from friends, it was a great place to work. But I guess most of that will change wh

by ethbr0 5y ago

Oof. Hope there are some nice bonuses to go around, then. From what I heard from friends, it was a great place to work. But I guess most of that will change when the corporate overlords decend and start optimizing things.

echelon 5y ago
> From what I heard from friends, it was a great place to work. Not in the scheme of things, especially with regard to comp. Plus, they had a shitty PHP stack that was a spaghetti web. I desperately tried to convince my Atlanta Mailchimp friends to quit and join me at a pre-IPO company. No takers. After our IPO, I made a life changing amount. Enough to retire before 30. They got paltry "bonuses" every year. Mailchimp had some weird cool aid that made people like working there despite there being plenty of better alternatives. I just wish I could have convinced my friends to leave.
- Aeolun 5y ago
  Working at a company that actually makes and pays cash is better in all ways than a pre-IPO startup that might potentially go that route and earn you some money then. A company can just be a great place to work. No cool aid necessary.
  - echelon 5y ago
    My salary alone was better than Mailchimp comp. SF wages in Atlanta. Plus, we were already unicorn status and growing rapidly. It would have been a solid choice.
    - Aeolun 5y ago
      That’s possible, and probably a better idea if you’re optimizing for comp. But there’s a lot to be said for staying to work at a company you love and enjoy, especially if your compensation is already enough for a very comfortable life.
    - olau 5y ago
      This may come as a shock to you, but for most people life is not just about money.
      - aniforprez 5y ago
        What a non sequitur
- ethbr0 5y ago
  My read was that founders were self-taught coders, and that describes the friends who worked there as well. Imposter syndrome is a bitch, when there's always someone better than you out there, so there's probably a lot of Kool Aid in making people feel like they've made it, are part of the tech party, and are valued employees. And working customer-facing is always a cooler cocktail party gig than being a master of the universe behind the curtain at Oz. For some. Different folks optimize for different things. I doubt they'd turn down you buying the next round of drinks, and for some people... that's enough.
notdang 5y ago
Rumors say that there is "$300m for “employee transaction bonuses” (or 2.5% of the deal)"
- FireBeyond 5y ago
  ... divided among 1,200+ employees.
  - vincnetas 5y ago
    ...spread over three years

by ethbr0 5y ago

echelon 5y ago

> From what I heard from friends, it was a great place to work. Not in the scheme of things, especially with regard to comp. Plus, they had a shitty PHP stack that was a spaghetti web. I desperately tried to convince my Atlanta Mailchimp friends to quit and join me at a pre-IPO company. No takers. After our IPO, I made a life changing amount. Enough to retire before 30. They got paltry "bonuses" every year. Mailchimp had some weird cool aid that made people like working there despite there being plenty of better alternatives. I just wish I could have convinced my friends to leave.

Aeolun 5y ago
Working at a company that actually makes and pays cash is better in all ways than a pre-IPO startup that might potentially go that route and earn you some money then. A company can just be a great place to work. No cool aid necessary.
- echelon 5y ago
  My salary alone was better than Mailchimp comp. SF wages in Atlanta. Plus, we were already unicorn status and growing rapidly. It would have been a solid choice.
  - Aeolun 5y ago
    That’s possible, and probably a better idea if you’re optimizing for comp. But there’s a lot to be said for staying to work at a company you love and enjoy, especially if your compensation is already enough for a very comfortable life.
  - olau 5y ago
    This may come as a shock to you, but for most people life is not just about money.
    - aniforprez 5y ago
      What a non sequitur
ethbr0 5y ago
My read was that founders were self-taught coders, and that describes the friends who worked there as well. Imposter syndrome is a bitch, when there's always someone better than you out there, so there's probably a lot of Kool Aid in making people feel like they've made it, are part of the tech party, and are valued employees. And working customer-facing is always a cooler cocktail party gig than being a master of the universe behind the curtain at Oz. For some. Different folks optimize for different things. I doubt they'd turn down you buying the next round of drinks, and for some people... that's enough.

notdang 5y ago

Rumors say that there is "$300m for “employee transaction bonuses” (or 2.5% of the deal)"

FireBeyond 5y ago
... divided among 1,200+ employees.
- vincnetas 5y ago
  ...spread over three years