I have the following offer from a Series B startup in the Deep Learning HW space:
Equity: 25k shares worth $500k at current valuation (~$800M), strike price $5 maybe (not sure)
Management claims they're hot in this space and looking at 10x multiplier.
My current TC: slightly over 400k (300k base+bonus, 100k equity), plus extra ~$100 cash this year only from an earlier one-time grant.
Most likely scenario is a startup exit between $3-$4B in 3-4yrs which makes my risk adjusted upside small. But I'm very conflicted because I believe the learning experience will be great.
The recruiters must have brainwashed you. This is not the most likely scenario for any series b startup in 3-4 years