GigglyPretzel
GigglyPretzel
20mo

MNC vs Startup

I have an offer from an MNC whose stocks saw big boom recently ( you know the name )

Vs

Another startup but REMOTE

Please help in choosing one

Series C

Series C

Software Engineering

SDE 3Remote - India6 YoE
65.0 L / yr
55.0 Lfixed +
0.0 Lvariable +
10.0 Lstock
20mo ago
JumpyMochi
JumpyMochi

You should checkout about the nature of leadership people at that startup. In a startup you are very closely working with leadership on a daily basis due to low number of overall people. If these people turn out to be toxic, like abusing on every mistake, shouting in front of everyone, things like that, then I would suggest mnc for a happier life. In the long run, this toxicity will not be worth the extra income or the extra learning. If the leadership is good though, then startup all the way.

I've personally not done this, but I think connecting with startup's mid-level people on LinkedIn and asking them should fetch you good reviews.

Just my 2 cents.

FloatingMuffin
FloatingMuffin
20mo

Easy choice fintech remote. If it's Nvidia, there's not much upside to stocks considering the EPS, while likely gonna go down further (similar to Tesla) One good thing about Nvidia is the ESPP

QuirkyPretzel
QuirkyPretzel

I believe you can go for Fintech now as it's remote so you will save more and have flexibility to stay with family and/or doing Work From Anywhere.

And after a while you can go for a Full Stack role in the same organisation or a different organisation considering from a future perspective.

Wishing you the best!

SquishyRaccoon
SquishyRaccoon

I would choose startup because of below reasons

  • Better fix pay
  • Better learning opportunity - You work at JPMC so you might know the importance of this
  • Remote job - More savings ๐Ÿ™Œ
  • Less office politics then MNC

I think these are enough reasons.

SparklyCupcake
SparklyCupcake
20mo

If u want to learn and earn go with a startup and if you want to chill, work life balance n all go for MNC

GigglyWalrus
GigglyWalrus

MNC and completely disagree with the attributes you just mentioned. I am slogging 12 hours a day

SparklyCupcake
SparklyCupcake
20mo

This is an exceptional case apart from this all people are chilling with less work but startups need to do n do only

ZestyPretzel
ZestyPretzel

Are stocks of 24L vested for 4 years? Then it doesnt make much sense. If each year you'll get 24L stocks then ESOP is also a good choice because of other perks at MNC

GigglyPretzel
GigglyPretzel
20mo

each year

ZestyPretzel
ZestyPretzel

Then it is better to join mnc, if you are looking for a long term switch. If you wanna switch for a year or so, switch to startup as your fixed will be higher to mention for further switches

DancingDonut
DancingDonut

Startup - go for it. MNC people like me are sad

DerpyCupcake
DerpyCupcake
20mo

Remote is better, a lot to learn compared to MNC. But 10l stocks is worthless at the moment unless the company goes public. So itโ€™s 64.5 vs 55 in actual, assuming US mnc is listed. But you would spend a lot in Bengaluru if you have to move there, remote will allow you to travel if you have an active lifestyle.

FuzzyHamster
FuzzyHamster

Go for the MNC, from the description it seems to be a stable and offer job security while with startup there's always a risk. Also the work culture in startups varies a lot depending on the people. Try to get some information about the work place culture and wlb in both the places before taking a decision. The stocks in MNC will be actual money down the line compared to startups which are mostly paper money until they get bought out or become public.

SquishyMuffin
SquishyMuffin
20mo

Why hide the names?

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