APM offer evaluation
I received an apm (associate pm) offer as a new grad position at a small-mid size company and I wanted to see what people think. Base: 125K Relo: 10K Location: Bay Area It’s a private company so theyre also giving some options but theyre not liquid and they only become valuble if the company grows as its expected. Theyre getting back to me about a 10k sign on to see if thats possible. I tried negotiation but they decided to standarize the offers for the apm class.
What percent equity do you have? What could that potentially be worth for options?
It’s a small percentage and based on their projections it should be worth 90K in 3 years but even if that’s true, since it’s a private company the value wouldn’t be liquid
In my opinion, equity may be lowballing you a little since you are not a known quantity and given there are higher equity offers coming out of school for more stable companies. I have a friend who is a pm for a startup($70 million round completed). Base 100k, not sure how much bonus or equity. I think your base is fine comparably, but I can’t speak too much for equity. He is now the longest tenured employee and went from APM to basically PM lead in 2 years so growth potential was fantastic. Enjoy the grind!
Location?
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