Which annual TC comp would you prefer in the bay area? Let’s say equity would be in a late stage private company that’s close to going public. Think Airbnb, Lyft, Uber, or docusign/Dropbox/Spotify a year or two ago. Assume all else equal
"Assume all else equal." Makes no sense. There are too many variables. 1. Equity is usually granted over time. Sign ons are all at once. 2. Equity is only taxed when you sell it. Are we assuming long term capital gains then? 3. Do you actually believe in the company?
It’s per year so assume equity is vested within that year. Agree though, too many variables this I tried to make it easy
Flawed poll. Where's my option to take 250k equity?
Cash is king
This is a flawed poll because illiquid assets create a premium. The payments should be the same. Should be 250 cash, 275 some equity, 325 a lot of equity. That’s more realistic. And I’d still take the cash at my stage in life
I’m assuming these are offers and making it easy. Obviously there are hundreds of variables and equity value depends on when you joined, if and when the IPO happens, vesting, etc.
Notes but keeping them equal makes it a ridiculously easy choice. If i get no uplift for the downside risk of equity why would I even entertain it?