StartupsMay 7, 2023
Newwastebuck

Evaluating (Late Seed / Pre-Series A) PM Lead Offer

Fintech/cleantech startup offering 150K base and 2% equity for Head of Product role. Would love thoughts to evaluate. Living in the bay area and have ~9 yoe: engineering background, 3 years as a management consultant, 5+ years as product lead (founder of a venture-backed startup and as product lead at another startup). #startup #compensation #equity #startupoffer #fintech #cleantech

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fiddlestick May 7, 2023

Latest valuation? 2% is meaningless without it.

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wastebuck OP May 7, 2023

50M

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fiddlestick May 7, 2023

So potentially ~$10M payout if y’all achieve the proverbial 10x exit. Seems fair to me.

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🌩️🌨️☔️ May 7, 2023

generous (competitive) offer. jump on it. obviously you have a strong position and should ask for 2.5 you were previously a founder and you have to ask opinions?

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wastebuck OP May 7, 2023

Appreciate it. I believe it's good to have broader perspective to fairly evaluate.