DoorDash finance and strategy

Most people leave banking to join these roles not for the immediate 100x or the comp but to get their foot in the door. A couple of years at DASH would open doors to most tech companies (especially if you are interested in marketplace ideas), and is almost always better than staying in banking for another 2 years and trying to make the jump then. The discount you take the longer you stay in banking makes it really difficult to make these sort of jumps then, both emotionally and financially.

I've had friends who have wanted to make similar jumps but then stay back (mostly because they are too picky), and almost always regret their decision to not leave by May/June, when they are fully burnt out, and in survival mode. I definitely expect a big exodus in Jan/Feb when the bonuses get paid get reverted back to pre-Covid days, and the competition for these roles is going to heat up.

Also joining a company when their stock has been down ~70%+ in last 12 months (such as DASH) is not a bad idea IF you believe in some degree of upside in the company. I'm not necessarily a fan of DASH, but this is not a bad time to join some decently good tech company and progress up as the market gradually improves over the next few years.