Startup offer and potential financial payoff for an experienced engineer
Experienced engineer (>12+ years) in tech, been with Amazon for 7+ years, 350k in total comp.
Received an offer from a startup (currently valued in $100-300mil range).
While the base is just a tad better than Amazon (as Amazon has 160K limit), the stock options given would theoretically provide a payoff of $1mil if the company hits $1bil valuation and Ipo say in three-four years. The financial payoff looks better if the company hits $2-3B valuation but the probability to do that is unknown!
Is this relatively lowball offer as they are not willing to increase stock options? I could stay in my job and get similar financial payoff (or better if I get promoted - most likely in a year). Not sure if it is a rational financial decision to consider this startup offer (the area of work for the startup is quite interesting but I can get similar work in my current firm if I take an internal transfer).