I’m in Portland as a mid level backend looking to jump to senior. I’ve got one offer in hand and told I’ll get another offer expected Monday. current offer lists no $$, only asks to get on a call to figure out the money situation. Problem is both are remote-only private small companies with no information on Glassdoor. Company A - finished round D funding in 2018. valued at 1.9B - am told they give no equity by current employee - Am told no signing bonus - no 401k match - ~600 employees Company B - cash flow positive for 5 years. Only took 100M in VC when first starting. - Recruiter says CEO never wants to go public - Can choose between options or profit sharing (10% or 15% bonus. need to confirm) - 401k match 5% salary - ~125 employees current TC: 143k (includes 401k match) if I stay at my company and get a promo to senior level I (3-9 months from now) TC goes to 158k. The job offers I have are for senior level. One offer i was told i absolutely crushed it. Should I take the 158k, add 10% and ask for 174k? Problem is 174k TC sounds high for finally being senior, especially for my city? Then again lead engineer level I at my current company makes 165k base.
You’re getting ahead of yourself. Wait and see what the next offer is.
Wow Atinlay2 is finally being helpful for once, I'm proud of you 😍
If the CEO never wants to go public then the only way your options will be worth something is if the company is acquired or there's a share buyback. A share buyback is pretty unlikely since it's generally a waste of investors' money. Acquisition is only likely if the company is doing something that a larger company might like.
Your worth is whatever you can get offers for
Do I just throw out a number and see where they respond with? Feels difficult being the one to “go first”
Never give them any numbers and especially never be the first to throw out numbers