Please evaluate my Google L3 offer

Simply don’t join. It will take another 3 years to reach at 33 if we consider 10% hike in each year.
In Walmart, you will get stocks on every year for next 3 years. So even if consider 12 lakh of stocks every year then in 4 years, vesting amount will be 36 lakhs (4+8+12+12). Also performance bonus is 6.6 lakh (20% of 33) . So it’s not a wise decision to join at this offer.

Lol.. They offered 23 base + 5 Lakh joining bonus to my female friend having 3.5 yoe for L3

I know someone who joined at L4 with just 3 years of experience. He now has 6 years of experience, and his manager is already planning to recommend him for an L5 promotion next year. He’s known for excessive flattery toward his manager, which seems to be working in his favor.

So, my two cents: I’d decline the offer—it doesn’t seem worth it.

Strictly from a learning point it makes sense. If you are looking for growth please avoid. Please note that ~23L base is a hard upper limit for L3. So unless you are getting promoted to L4, your base won't increase and you might get 0% pay hike.

Promotions from L3-> L4 vary a lot between orgs. But it's difficult to get it within 2 years.

Google >>>> walmart. Join if tech stack and project info is intresting for you

I wouldn’t join for such a downlevel being honest. Did they intentionally downlevel you or you had applied for L3 only. I would better get some other offer for high salary and then try to switch back to google in a year

Take google. No doubt