I am negotiating an offer for a role of Head of Partnerships for a late stage startup (last valuation of ~$5B). Its going to be a VP level role. What is the equity range that I should expect? Currently they have offered stock options worth $200k vesting over 4 years.
Mind if I ask the base?
The base is $270K
Consider pre ipo options at zero, unless you have strong belief in the company. 5B valuation implies that stock is already diluted too much, they should either offer RSU or increase options
Counter with 400K and see what they say. Also, understand that they can do 3/1 reverse stock split just before IPO like Redfin did.
For noobs, what does that mean?
It means if you got 3000 shares you have 1000 shares after a 3/1 reverse stock split.