Hello Blind Community, I have an offer from Carta for E4 Data Scientist track (Role is analytics engineer). Base 178k and 240k equity for 4 years. TC 238k. Current TC: 215k(pre-crash) (after crash 180k and tanking), YOE: 6 relevant, total 10. Recruiter said this is outside the top of the band for E4, he got an exception for this comp. This is a new role and a new team and they don't have comp defined for it, so they are piggy backing on data science track. HM said we can try for promotion at the end of the year, of course he is not promising. I have an offer from another startup (Base 195k + paper money), startup is in AI space and might do well. Series B funded. Edit: This is not negotiated, verbal offer, they are aware I am interviewing and there might be room for negotiation in base and paper money. Questions: (1) Is this a good comp? (2) Is it a realistic to get promoted within 6 months of joining? (3) Is the equity options or RSUs? If options, what's the current strike price and current value? #carta #offer #tech
Take ai startup, higher base. Both are paper money options.
Only reason I am hesitant is it's a very small company, 60 employees and I am on visa, but they are profitable. CEO told me don't worry about visa, if things don't go well he will give me some time to look for jobs elsewhere. They are profitable, only raising money now is because they want to grow. They are in AI space for healthcare payers which is kind of a recession proof industry.
Take carta , they are the dominant one in the startup equity space and they have solved problem for both supply and demand side. Besides once they open up their exchange your carts equity will be liquid soon.
Pros: Market leader, job is exciting, highly visible and impactful role, new role and new team. Cons: Have to go to office (2-3 days), I expected E5 and feeling low balled and down leveled. Also don't know strike price and their value, so equity granted is (240k minus strike price), I don't know how their liquidity works.
You'll be issued RSUs not options. We have a few transactions a year where employees can sell a specific % of their vested shares, I think it's something like 20% of vested holding.
👀 #3 You need to ask the recruiter for that info.
Already sent an email.