Like I know some people will never work for a startup, because they essentially think stock options are like lottery tickets, which in most cases is true. But is there a good way to compare offers? Let’s say for eg these 2 offers: Square Base - $220k RSUs - $230k per year, 4 year vesting schedule No bonus TC - $450k vs. Ramp Base - $245k Stock options -$300k per year, 4 year vesting No bonus TC - $545k Obviously stock options at Ramp are not going to be liquid unless there’s an IPO or exit event (acquisition or merger), so it’s not an apples to apples comparison, but how would you choose? #tech #tc
Go for the place that you think you will enjoy the most and find the most fulfilling
Short answer, no. There’s no formula. Startups are a gamble. That’s why the reward is asymmetric upside. What you need to consider: 1) What is the worst case scenario timeline to reach liquidity 2) What is the worst case scenario for valuation at the time of liquidity 3) Is the risk of the worst case worth the possibility of the better cases
Make the decision assuming that the options in the startup are TP and only base salary counts. If it still meets your career goals, go for it.
Get some numbers down, how bigs the market for Ramp? What's the yoy growth rate? Who are the potential competitors? SQ numbers are public and easy to find.
Ramp 🚀. More risk but higher reward. It’s also an amazing place to work.
What level and city for Square offer?
What's your yoe?
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