Fintech startup: Cash: 205K + 40k joining. Stock: 0.025% (can go up) series D $50m raised at $220 m valuation. Director level FAANG: TC 300K Yoe: 8 #equity #startup
Over 3 yrs/options. I don't believe that the equity would go anywhere. But I might enjoy the work at this level.
Which FAANG pays so low?
Fresh PhD so low balled TC from FAANG.
Hey I’m in a similar situation.. curious how many shares that .025% is?
.025% of 220m is 55K…is that over 4 years or one year? Are you getting options or RSU? Don’t join a startup unless you believe your equity will actually be worth something, which typically means an IPO. D round with only a 220m valuation seems pretty sus.