Comparing offer from FANG with pre-IPO startup?
I have an offer in hand from another FANG-like company that gives me a solid TC bump, and I also have the verbal that I should expect to get another offer from a pre-IPO company that is through a series C at >$800M valuation. I think the work will be more fun at the startup, and it will get me away from bay area hou$ing prices. I'm trying to figure out how to evaluate the offer from the startup when it comes. I am expecting no bonus at the startup. Any advice about how the salary to RSU ratio should look? Any advice about how to evaluate pre-IPO RSUs in my picture of the potential TC? I know they are just paper money, but is a coefficient of zero really the right answer? TC: $520k
How much % of equity does the the preIPO company give you?
Great question. Haven’t received the offer yet. How much of a “term sheet” should I expect? Total number of shares, number of outstanding shares, etc?
800m startup is too small a pond to accommodate a big fish like you.
Yes, assume RSUs are worth 0.