Would you take a 20% pay cut on the CASH component (Base + Bonus) to join a Series B startup? RSU vs Stock Options are comparable but one is real money and the other is Monopoly money. Would love to hear thoughts / opinions or why not. Company is promising and has FAANG clients.
Stock options even if comparable you % should be high like 0.2 - 1% only then you should take this
You aren't getting that big of a chunk of a company that has raised a Series B.
Do you feel valuation is fair? Are private equities as frothy as QQQ? How are the competition valued? What were their exit prices?
Let’s flip it: Would you invest 20% of your current base + bonus into a Series B startup?
Startup is OK if you have no opportunity cost, are founder, or right before IPO. Otherwise it's for suckers IMO.
Depends on how much equity they are giving you, and what position and work they are offering you.
Only if you truly don't like your current company, and the other offer is L+1. Sometimes it is ok to take a lesser comp, but make sure there are other benefits to it.
No way. Series b is far from ipo
More risk = possibly more reward. Hopefully worst of tech layoffs is done and that means cha..ching
Lol, the probability of a series b making it is way too low. Might as well join a pre IPO series F. And do you really want to wait for a decade for it to even have a chance, it's simply not worth it at all