Series C offer

Darkstore lordsauron
Sep 5 5 Comments

Offer
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175k base
30k options @ 0.37
10k sign on
TC exclusive of equity ~193k
TC inclusive of equity post series D ~232k

Company financials
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20m users
72m revenue
rumoured aquisition north of 400m
profitable

current role**
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senior fe-swe
TC inclusive of equity* ~548k
TC exclusive of equity ~183k + 10k bonus

* equity based on 1b exit
** company is on life support, just raising to keep the lights on. no product market fit and no growth. only still alive because of one lucky contract

should i just wait for albertsons to get back to me?

comments

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TOP 5 Comments
  • Veritas / Other 13Jija
    Agreed. My partner rejected an offer from Series D company because this company won’t tell the total number of shares. If company is not revealing this number then it is RED FLAG. Base compensation offered was 178K.

    Considering current situation of your company, I think you should pick up the offer. Work there for 1 year and then again look outside. You can also ask for bump in your salary.
    Sep 5 0
  • INPHI gigig
    How many employees in series C? Do they locked the 0.37 for you? Did they give you %?
    Sep 5 3
    • Darkstore lordsauron
      OP
      Red flag for me is they won’t disclose the % and they’re about 100-200 emp
      Sep 5
    • INPHI gigig
      I got an offer from series A going for Series B soon, they dont give me %
      Sep 5
    • Darkstore lordsauron
      OP
      That’s usually a red flag from what I’ve read. Also they won’t disclose how many shares issued, which of course would answer the question of what % of equity this represents.
      Sep 5