Evaluate offers please!
DoorDash L6: 250K base, 20K sign on bonus, 600K RSU over 4 years with a 1 year cliff. Current FMV is 190. No annual bonus. TC: 420K for the first year Sumo Logic (Staff position): 215K base, 1 year anniversary bonus: 35k, Bonus: 10% (75% is granted based on company performance, 25% is based on your own performance), Options: 50K, with strike price in the high single digits. (https://www.sumologic.com/) Both positions are in Bay area. YOE: 12 Current TC: 241K base + ~200K in RSU / 4 = 290K DoorDash is the better offer here but wanted to check if I could counter for more equity. How much more equity would be reasonable to ask for?
Why is this even a question?
Thank you! Doordash is the better offer for sure. Wanted to see if the equity is reasonable or if I could ask for more. Edited the post with details.
What is sumo?
https://www.sumologic.com/. Pre IPO log analysis/management in the cloud. Competitors include Splunk, DataDog and ELK.
Yeah they don't offer RSUs. Options only. Based on the above offer it seems to be 215 + 35 = 250K base. If I do get the entire 10% bonus it would add 10% of base which is an additional 21500. So base could be at best 271500. I'm not certain how to evaluate their options.
Any company with sumo in the name...
If you can, interview more. L6s are much higher elsewhere. SoftBank wants to play Midas. Discount those RSUs by half.
Thank you for your feedback!
RSU? Or options
RSU for Doordash. Options for Sumo Logic
Dont you think the RSU price of doordash is very high? It is $190. How much it can go up? It is already $12 billion.
Possibly may be too high. Perhaps 1/2 or 1/3rd of what it is now may be more realistic?
OP: Curious which one did you decide? Were you able to negotiate further up with Sumologic?
Doordash obviously