I have received 2 offers: A. Public company Base: $165k Annual Bonus: $25k RSU: $40k vested over 4 years B. Late stage startup, series D with $3B valuation. Base: $180k No annual bonus Options: 12k options vested over 4 years They are not willing to provide information on outstanding stocks. IMO both offers seem mediocre. I have 8+ years experience. Please help!
Don't take either. Bad offers
If it's options, are you aware of the strike price?
Strike price is $6.35.
That means the total number shares should be 470 million. Roughly 0.003%, you should aim for double the equity!
Paysa.com suggests market comp pkg of 279k. Base:170k Bonus:30k Equity:79k How reliable is that data? Any experience?
Still sounds low, you got really low balled by both
So what is a par salary for his situation?
My take: A. TC should be 250k B. The base is okay provided there's more equity as explained in the above calculation.
Huge red flag for a company to not give information about outstanding shares. How else are you supposed to value your equity?
It's not a red flag. Candidates are not entitled to. The strategy for the candidate is to dig the information from recruiter whether they can sell it in secondary marketplace or draw loans. Some companies (example:Uber[1]) doesn't allow. Also, get to know the strike-price and valuation as the OP has got 'em. [1]https://techcrunch.com/2016/04/29/handcuffed-to-uber/
A is Microsoft?
Geez what levels are these? Every salesforce offer i heard has been better than these. Quit and reapply to your own company
Senior at SFDC, going as Lead in those two.
Isn't Senior/lead the same at SFDC?
Lol company A gotta be Microsoft l. Only we pay that shitty stock š
Is Lyft going to survive in the long term for that 600k to be worth something? Uber seems fucking vicious
The standard view is there's enough room for a Coke and Pepsi situation here.
I just hate you both for increasing the number of cars in sf that just circle around and get lost. Sodas are fucking cancer. So are uber and lyft
BTW both the companies are in Bay Area.