133 karma · joined December 7, 2011
1. Regardless of the structure, the offer needs to be competitive. This wouldn't really help with lowballing offers.
2. Across the ~30 offers I've given out, I don't think that either of the 3 variants is more common. I suppose that indicates that different candidates are indeed optimizing for different situations.
3. Our hiring has intentionally skewed more senior and I think the variants of offers has helped create more family friendly offers.
Regarding options, I tend to make sure to offer to spend a good bit of time laying out the details of how they work (strike price, preferred value, vesting, cliffs, early exercise, etc.). They are indeed confusing and I find that people typically either overvalue the value of the options today, or undervalue the potential upside.
It took about 2 weeks of nights/weekends to have something functional I could play with friends. The engine was the hardest part. Then another week to open to the public and then it’s been a few weeks of bug fixes before it started to feel pretty stable.
What about you?
If you'd be interested in using, please do. I'd love to join as well.
We make homeownership more accessible to families across the country, with a north star of helping 100,000 families become home owners. To get there, we need to build software and intelligence to buy and service homes at scale. We’re a small but senior team and growing quickly.
Some examples of engineering challenges that you would work on:
* Large scale ingestion pipeline of home listings and public records across the country.
* 0-touch underwriting with a goal to give prospective customers a home budget in < 5 minutes.
* Building a custom ledger to manage thousands of payments per month and complex reporting out to creditors in the 100s of millions of $s.
* Credit risk modeling, proprietary AVM (asset valuation model), selection of markets for future expansion
Open engineering roles - https://jobs.lever.co/divvyhomes
At Divvy, we’re on a bold mission to reinvent home-ownership. We fractionalize residential real estate to make it more affordable, more flexible, and a better fit for our customers’ lives.
Over the past year, we’ve worked hard to build an exceptional team, raise debt+funding, and provide homes for dozens of families, meaningfully changing their financial future. Our customers choose any home for sale, and Divvy buys it on their behalf. The customer leases the home back from us while building equity credits along the way, preparing to buy the home at the end of their lease. Our customers get to live in their future home today, while buying fractions of the home over time.
Check out https://jobs.lever.co/divvyhomes or nick@divvyhomes.com
> RethinkDB is a wonderful db. Did you guys use Horizon on top for streaming? Or something custom? > Wonderful design asethetic
Seeing as you're based in Frankfurt, I'd recommend reaching out to events hosted locally as live polling is a pretty common ask.
At Divvy, we’re on a bold mission to reinvent homeownership. We fractionalize residential real estate to make it more affordable, more flexible, and a better fit for our customers’ lives.
Over the past year, we’ve worked hard to build an exceptional team, raise over $30 million in funding, and provide homes for dozens of families, meaningfully changing their financial future. Our customers choose any home for sale, and Divvy buys it on their behalf. The customer leases the home back from us while building equity credits along the way, preparing to buy the home at the end of their lease. Our customers get to live in their future home today, while buying fractions of the home over time.
We’re looking for a Senior Software Engineer passionate about using their creativity and talent to make access to homeownership more accessible. In this role, you’ll be part of the engineering team building our consumer, agent and administrative products. At Divvy, you’ll own your projects from start to finish and help to scale our platform to thousands of new applicants and multiple new markets. You’ll report directly to Divvy’s CTO and work alongside a team of 3-5 software engineers.
Qualifications
- You have 4+ years of software development experience
- You have experience and understanding of the entire stack (front-end to database)
- You have a strong understanding of ML algorithms and regressions
- You demonstrate a desire for modular, readable, performant code
- You ideally have experience with React, ES6 and NodeJS
Technologies we use: Node / React / PostgreSQL / Heroku / RabbitMQ / GraphQL
https://angel.co/divvy-homes/jobs/375496-software-engineer-f...
https://github.com/nbclark/hqcheat/
Interestingly, we seemed to end up with all 3 of the same approaches. Was fun while it lasted