Hello, I need help evaluating an offer and if there’s any negotiation I can do Base: 225k Equity: 80k options over 4 years Current TC: 0 #software #scaleai
How do 80k options work?
There’s a set strike price for each option that you’ll have to pay to exercise and get a stock unit, but the value of the stock unit is higher than the strike price according to the current valuation of the company. So you “technically” make a profit on the difference and that’s part of your TC for the offer.
Couldn’t have said it better my self! It’s always a risk to exercise before liquidity I assume? Depends on your outlook on the company
How was the interview process OP? Can you please elaborate?
Also, did you apply online or got a referral?
Yeah it’s strange since I dont remember applying. At first I thought it was C3 ai. Looking back at my email someone reached out to me, I assume a sourcer perhaps?
Congrats on the offer! Whats your reason for leaving Meta and choosing Scale?
Meta was a first job outside of school I’ve left a few years ago!
what sold you on joining scale? i’m considering them, so i’m curious about your point of view
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