I'm currently at a public company with a TC of about 250K (base, annual bonus, RSUs). I'm considering joining a mature startup (4th round). Their initial offer is 210K base plus stock options. At the latest valuation, I am being offered about $75,000 worth of options. Public companies have a base, annual bonus, and RSUs. This startup only has a base and stock options. It's never an apples-to-apples comparison between public companies and private companies. What does the Blind community think? I have not made any attempt to negotiate the offer yet.
Common enough to warrant concern that your options can get diluted out. Only move if you have reasons that aren't TC and are willing to pay for them.
250 TC -> 210 Base alone seems like a great move already. You'll probably find more growth too. What's your hesitation?
The startup only has base and options so a part of me feels that I’m leaving 40k a year on the table should I decide to jump ship.
I just updated the post. Based on the last valuation I’m being offered $75,000 worth of options.