Level T6 Base 215 K Equity 600k/4years Sign on 10k TC: without bonus 365k Current TC 315k YOE: 11 Seattle is this any good?
Ask for 1M equity. Or even more because there is no cash bonus or refreshers.
Could you please explain your reasoning? I think he is losing 100k per year and he is being offered 600k instead of 400k.
I think 1m would be too much to ask
Is your 600k option calculated by next valuation, as I saw series E in your title. If so, isn’t it discounted?
If 600k is based on series D, it is still a good deal as the valuation may double after series E
It is not
Then it is not a good deal… I saw better offers with other pre-ipos at staff level. e.g, outreach
Did they tell you a value of their latest FMV after series E?
Apparently it’s still underway Or is that not the case
Basically my equity will be calculated after whatever series e comes out to be
We give sign ons now?
We gave sign ons in 2019 as well
lol I got hired in 2019 and asked for a sign on and they said they don't do sign ons. Bastards.
What is the share price after series E? I know it was $13.54 after series D at $2.8B valuation. How many RSUs are they giving you? Also what's the most recent strike price?
We don't know yet
Damn. It's kind of annoying.
I got T5 and lower numbers last month, 190k + 460k options, 10k sign on. Not very good offer as I have some other offers at above 400k with high chance of getting 500k. OP are you going? The good thing about this offer is that it does not expire very soon :)
Can you provide more details on the options? What's the strike price and preferred price?
Nothing was mentioned, recruiter mentioned they are working on series E so number of options is not determined, strike price TBD too
Hey, how long it took for Convoy to come up with offer after your final round ? Also mind sharing how long you have to accept the offer ?
World Conflicts
8h
347
Israeli precision-guided munition likely killed group of children playing foosball in Gaza, weapons experts say
World Conflicts
6h
284
Why I Find Free Palestine Inspiring
Tech Industry
Yesterday
1188
Last good year to visit europe
AMA
Yesterday
1138
PM Manager, early 40s, married and ENM (Ethical Non Monogamous) AMA
Health & Wellness
Yesterday
905
Lasik cost
T4?
T6