Currently talking with a medium sized startup (~100 people, ~200M$ funding) for a management position.
“Problem” is that I make about 370k$ now (base ~185, bonus ~25, RSU ~160 per year). 15+ YOE.
As my RSUs stack is full and stock went generally upward my last W2 was close to 400k actually.
But there is no growth opportunity now internally and would love a new challenge in a more aggressive company.
Startup can match current base, but how much equity is it realistic to ask for ? (In understand it is paper money for now, but I am willing to take a risk).
If I stay at Apple, I have a good confidence to get 4*150k at least in the next 4 years. More if promotion.
So as paper money is so risky, I am not quite sure where is my threshold to make the risk easier to take.
Is shooting for 2M$ equity at current estimated valuation crazy for a management position ?
Would be happy to hear your stories ...
My rule of thumb when evaluating paper money post series B is at 70-80% depending on how niche is the target market. Others could value more conservatively. YMMV