Evaluate Series A startup offer



Apple, Netflix, Microsoft
May 17, 2019 12 Comments

Current package 500k+
Working at Uber ATG. If I switch I will be leaving about 15,000 Uber stocks which are not vested yet. In Bay Area. Yoe 12+. Currently IC.

Offer to evaluate:
They just did ~20m for series A. Toyota Ventures AI is one of the investor. 15-20 employees. They claim they have enough cash to last till end of 2020. They are offering me manager position. Full loop passed.

Recruiter called and asked my expectation: For base salary I asked for 250k and he said it should be fine. That got me surprised and I said I need some time about my expectation for stock options which they offer. How can they be ok for 250k base? (startups try to save as much cash as they can) Do you guys feel something fishy here? In terms of stock option what should I ask?

Given current compensation what would you have asked in terms of base and stock options?


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TOP 12 Comments
  • Amazon Northman
    What's surprising here? You make 500k in real dollars. If you are willing to take 250k in real dollars and some options worth maybe-something, who is winning that deal? Make sure you are getting at least half a percent and are confident as hell in the team and product.
    May 17, 2019 6
    • Aryaka Networks AzexpR
      All practical points covered by Northman .
      Finally , your belief in the product/company and willingness to make it successful .
      May 17, 2019
    • Uber KXua60
      2.5 years ago, I rejected fb offer to join series A startup who raised 7M+, looking back I dont regret at all, learned a lot, startup is doing not that great, but i left month ago, could not resist ubers offer, not the money but the position. In the future I will try to go back to startup for sure.
      May 18, 2019
  • Honeywell wellHoney
    “I need $250k”
    “They gave me what I asked for — something’s fishy here”
    May 17, 2019 1
    • Uber


      Apple, Netflix, Microsoft
      I was expecting they will try to negotiate. I felt I asked less. Now I feel bad to ask more then 250k.
      May 17, 2019
  • Segment / Eng sloth37
    They need you. That is why they pay.
    May 17, 2019 0
  • Uber lock_up
    How big is the company (engineering/ total)? How old is the company? Do they have a product that is out and tested? Depending on these, you could ask for 0.2% to 0.5% of equity.
    May 20, 2019 0
  • Renesas Electronics XZRNX
    May 18, 2019 0


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