YOE: 7 TC: $110,000 + 0.1% + not sure if there’s any bonuses Location: Remote Stage: Pre-Series A - less than 20 people Title: Marketing Manager - one man marketing team Sector: Fintech #marketing #growth #salaries
Pretty shitty tc
For marketing at a startup? I don’t think so
Comp is completely in line with marketing for a small, early stage startup
Def not
Salary seems fine for early stage startup. Equity seems low if you're the equivalent of a VP/Head of Marketing with strategy and execution responsibilities. 0.5% is not unreasonable, 0.1 is too little
In my opinion, OP is clearly not the equivalent of a VP or Head of Marketing. They may likely be included in the discussion around strategy and execution, but if they were expecting to be a VP, they would have asked for that title and the corresponding TC. From my perspective, more equity is worth asking for, but you are being hired as a marketing manager for a reason. If you want more money for a Marketing Manager role, go to a large Corp or Enterprise company. They will gladly pay you more to be an individual contributor, but don't expect aggressive acceleration in your career. Frankly, the people I've seen be successful in startups are people that WANT to work in startups. They usually are comfortable with the fact that they know if they invest themselves in the company, they will be rewarded. Equity is not locked in, it can certainly grow over time.
Are you in payments? What’s your value prop? Maybe we’ll buy you and you can get rich on your equity.
Seem reasonable for a pre-series A and number of years of experience. Good luck and hope that equity goes up!
Salary seems norm. Equity seems low. I've seen .3-.5%. Hard to say really without more specifics about company, expectations, background, etc.
It’s reasonable ish - I voted no though because based on your YOE I would be hoping for a bit more as the sole marketing person, but if you’re happy in the role and not totally overworked it ain’t bad
Fuck no. Ask for 160k and 0.75% monthly vested over 2 years.
what he said . .how the hell you gon be 7 YOE and be making 110k base...fucl that TC and Joing FAANGM
I don't think this is an outrageous offer. Ultimately, while you have 7 YOE, I'm assuming if you are considering a marketing manager role, you aren't a person that has seeked out direct management roles and likely doesn't have a well rounded background in Marketing. Maybe you have specialized in Demand Gen or are a Content Marketer previously. If so, this seems like a chance to prove yourself and accelerate quickly. Startups tend to be willing to pay up for people that are gamechangers and have skills that will grow with the company. My recommendation is to decide if you would be happy with that amount and if it would motivate you to overachieve and earn a promotion. Those are the things that they will be willing to do if you come in and perform.
+1 to this. 7 YOE is solid but you're a while away from a CMO, for example, on a "traditional" career path. You might look at this as potentially one of those career "inflection points" that can transform you (and fam?) long-term vs some incremental stepping stone type of change. IF, IF, this startup could be a good one (leadership team, backers, the space, the timing, the product, etc -- impossible to be sure but there are indicators that help) then in 3-5 years time you have a chance to move up and into a CMO role (or comparable) at a solid startup with some brand recognition, and help them to 100x growth or something like that and/or an exit. Theeeen...you take THAT and land that next big role that might otherwise have taken you a decade or more to get, if at all. High-growth startups can be career accelerators *under the right conditions* -- or they can toss you right off the treadmill real fast...or you can semi-waste your time on a flame-out. Hard to say without specifics. But get one high-growth startup with an exit (acq or IPO) or market dominant position under your belt and you could have your pick of prime opps 5-10 years from now. TL;DR -- unless you need the money badly now (in which case you're likely looking at the wrong thing anyway) look at this as an accelerator that might put you on the fast-track to bigger things down the road by pushing you to do things you might not otherwise touch for years. *Might*....this isn't about guarantees, it's about improving your chances ; ) Good luck!
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Equity of source in their startup?