Equity package

New
augu57

New

augu57
Apr 19 9 Comments

I just got an offer for inside sales manager at a series b company valued at 300m and they gave me $24k offer in equity to vest over 4 years. Even if the company becomes 3b Itd be worth 240k

How bad of an equity package is that ?#sales #compensation #equity #offer

Base $135k but ote is 202k

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TOP 9 Comments
  • Google
    G00000GLE

    Go to company page Google

    G00000GLE
    Even without those data points, that equity is insult.
    Apr 19 1
    • Vertiv
      😇😇

      Vertiv

      😇😇
      Maybe it is like Netflix, cash intense offer 😜. The moment the company crashes, you still got liquidity 😂
      Apr 19
  • DispatchIt
    dzcpwns

    DispatchIt

    dzcpwns
    Gross
    7d 0
  • New
    woodsyy

    New

    woodsyy
    That seems low for a Sales Manager. What size of accounts are your reps handling and what’s the ACV of the solution? Unless it’s managing SMB or ISR type salespeople just seems low.
    7d 2
    • New
      augu57

      New

      augu57
      OP
      Enterprise accounts only
      7d
    • New
      woodsyy

      New

      woodsyy
      I mean unless the ACVs/annual quotas are low then that seems like a huge lowball. This is likely why though.

      But most enterprise sales managers are over $250/300k at least when their teams have 7 figure quotas and 6 or 7 figure deals
      7d
  • New
    mtp7lsq8

    New

    mtp7lsq8
    What’s the cash offer? And your YOE?
    7d 1
    • New
      augu57

      New

      augu57
      OP
      135k base 202k ote
      7d
  • Whats your current TC? Whats your offered TC? How can people help you without enough datapoints.
    Apr 19 0