How is this offer look with a startup for architect role? Base - 230k Sign on -30 k Bonus - 20% Stock units - 3800 over the period of 4 years. They are taking steps to go ipo according to the recruiter a year .
Does this still look ok?
Equity is very low - maybe its 11cents?? Then its $400 and that sort of miserable as hell :))) [Thanks Uber]
11 cents makes $400 dollars einstein
Strike price is 10.72$ I’ll check on the 409a ..thank you
Sounds like they are seriously low balling you on equity. Basically you'd make nothing from the IPO and would have to wait for the stock to go up significantly to make anything.
Don’t ever believe any recruiter, they lie through their teeth to get you to accept the offer. Then you find out, it’s all lies
Then how do we validate ?
40K/4 years for RSU? lol, either they forgot a 0 in the offer or this is the most lowball offer ever.
I would reply outlining their typo - they left a zero out in the equity
YOE
How much
What is the stock valuation? Base and bonus look aligned with arch level
Is that something we can ask the recruiter?
Not sure if this answers he said around 11$