StartupsOct 23, 2019

compensation

i have a second interview with Lime for an atea manager jon in Austin for Juicers. seems like a grinder operations role. is this comp package fair? $90k base + up to 20% performance bonus + 200k shares of stock that vest over 4 years and are to be purchased at a locked proce of 25 cents. its a pretty tough paycut from exxon but the stock TC is legit if it IPOs.

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LinkedIn ugjM43 Oct 23, 2019

I’d discount that stock by 50%

ExxonMobil yeye12 OP Oct 23, 2019

Meaning request to pay 12 cents vs 25?

LinkedIn ugjM43 Oct 23, 2019

No it’s value

Lime JcLh17 Oct 23, 2019

You’re going to be working 8/days a week and 30 hours a day for crap pay. You’ll want to leave before you vest unless you don’t value WL balance

Citadel BrutеForce Oct 23, 2019

Another great IPO everyone is waiting to not happens. Try we work too.

Lime ItsMa’am! Oct 23, 2019

Never going to ipo, and fmv is only 12 cents right now. Also 90k salary is almost criminal and almost nobody gets a performance bonus here 😂

Lime asdfhjkl2 Oct 23, 2019

90k in Austin is like 1.26 million in SF. Obviously Exxon will pay you more than a startup or any startup, ever. If you’re about money, stay at Exxon. If you’re about the work and their mission, then money shouldn’t matter.

Google m6r4 Oct 23, 2019

^ 🤣 at the mission of riding around on electric scooters

Citadel BrutеForce Oct 24, 2019

Mission is pollut every free sqr feet of sidewalks with electric scooters.

Lime asdfhjkl2 Oct 24, 2019

Cars aren’t pollution?

Lime 8gyEcs Oct 27, 2019

Ignore the Lime haters, no one really knows what the future holds, but so far Lime is on a great trajectory. An IPO is definitely possible. Feel free to PM me.

Lime ItsMa’am! Oct 30, 2019

Yes sure IPO is super likely. Just as likely as Elon Musk ever meeting a deadline.

Lime newGuy11 Oct 29, 2019

Negotiate 15-20% more salary. SF is expensive. Coming to work culture it’s very good. You will get what you put in. Management recognizes efforts. Things change at a fast pace. Decent work life balance.

Medidata Solutions upscale Jan 7, 2020

Management recognizes efforts. what a joke!

New
XEpW63 Nov 3, 2019

Don't do it

3M rball9 Apr 19, 2020

Yeah I had the golden handcuffs at EM but felt so great when I left.