I am little confused on which offer to finalize. I have an offer from a national lab with 75k base salary with additional benefits of working in laboratories. On the other hand, I have another offer from a early stage startup. They are give me 120k + 20% yearly bonus. National lab has stability and peace of mind, but I am not getting the technology I want to work on. Moreover, it has low pay scale. Early stage startup has all that in which I want to work on. High salary. High bonuses better city. I am turning 30 late this year and I am fiddling between these option now. Based on the locations they are situated in, and after calculating yearly burn our rate. I am saving approx. 30k or more a year if I work for national lab vs saving approx. 42k or more a year with the startup up excluding year end bonus. Could any help me based on their experiences?
Figure out how the start up is funded and where in the funding cycle it is in. Also figure out how cyclical the industry is. Last figure out how fast the startup can grow. Basically, I feel that there's about another year left before a recession where funding dries up and unemployment goes up. If your stsrt up is well funded and has 2 years plus run way, go for it. Otherwise, do proper diligence before you jump
They raised an undisclosed amount/angel from some 9 investors in 2014 and in late 2018 they did their 2nd seed round where they raised close to 1.2M from an investor. In first seed round in early 2018, they weren't able to raise anything.
How did you figure out how fast a startup is growing? I am not a well verse guy in startup world. This would be my first take in startup world so asking for an advice.