I've no experience in start up offers and not sure if this is a good offer from Magic leap. Any thoughts ?
what's magic leap?
it's an upcoming startup which deals with AR. they are very secretive. IMO they have a huge potential
Seriously, who are these guys?
also, they've raised like $1.4 billion till now!
I thought they had 4.
Apple is a great company, and the bay area is very different from suburban Florida.
Soooo...don't take the job?
Just curious which job is this for at Magic Leap?
they could collapse tomorrow. it is worth $0. the important thing to know is what percentage of the company it is worth. since you're so late in the game I wouldn't worry too much about the stock. try asking for more, it can't hurt. don't be a dick about it. best of luck
Without knowing the float, target exit price, ratchet clauses they have signed you can't evaluate a pile of options...
is it stock units or options? options imply you'll have to buy it with your own cash... likely at a discounted price.
8k stock units sounds equivalent to RSU..? If u know the current share price, lets say it's $10/share, they are effectively giving u 80k. If you are getting 8k options the calculation is a bit different. 80k rsu equivalent, sounds decent for engineer level. Do they also give u yearly stock refresh (performance based)?
What base do they offer
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Evaluate it as $0
Lol are you being serious !
Yes