I am a hardware engineer. My current compensation is : 130k base, $37500 @ 285 stock, 10k in bonus for Palo Alto location. I have an offer from a startup in stealth mode for 160k base and 23k shares(current value 0). The financial hit in savings is 10k between the 2 companies per year. If the startup takes off it will be a lot of money but it could tank as well. The startup is building RISC-V processors. What would you do ? Which job would you chose ?
Is it SiFive ? Heard its good. What domain are u into ?
He said stealth mode
what is your skillset ? asic ?
take the risk if you are not on H1b
160k is decent for startup, making just north of that
Take the startup with goal to acquire technical manager title and experience, which will open more doors down the road, if the startup doesn’t pan out.
If not on h1b, join start up and keep tesla stocks uf you think it will do good..
Why not join a startup on H1b?
Yoe? And which domain?
While I believe there is a lot of promise in RISC-V the time to money (or at least profitability) will be long. How long can you wait before this potential big payout.
What is the other established company? What role you will be doing in the established company? Start up gives you an opportunity to learn lot of things in short time, even if the company make, not sure you make a lot of money. Hopefully some big company will buy you out and you go in at a higher level. I would still stay go with the startup you can switch if things don't go well after two years.
How old is the startup? Safe bet is to work there for 2 years or so and move to another gig.
Start up is 6 months old. Building the team from scratch currently. I am more confused because Tesla is poised to do good in near future and start up can fail is a real possibility.
Startup risk needs to be gauged based on many parameters. Without more information, any advice you get here is useless.