Have the meta offer details below. For the startup, it’s a health tech startup in NYC. 50K shares of stock options and the company looks promising. I would pick Meta a few years back, but considering the stock is almost ATH and layoff concerns, I wonder if it is worth it. Any help is appreciated. Current TC: 350k YOE: 10 #meta
400k equity startup
Congrats
Not much layoff concern, why is the startup safer for layoffs?
The meta offer seems better but would never work for a company that is ruining life for so many young people.
Lmao
Our CTO famously said, the night before layoff (that was Thursday): I can shut down Slack if I wanted to Slack is so toxic to our CTO. Idk. He wouldn’t vouch for Salesforce and Marc, ruining so many engineering souls
Always assume the value of startup options to be zero. I.e., treat ithem as a lottery ticket with almost no chance of winning. Will you still take the offer?
Yes and this is why. Compare stock options to lottery is incorrect. Mainly with stock options you have public signals like company reviews, people they hire, news articles and high level understanding of their business model. There are also private information, if available, like insider tips from past coworkers that are currently with the company. So yes, it’s still risky but calculated risks with high base that offsets it a bit.
sure, but all of those signals are close to meaningless for early stage startups and not too meaningful even for later stage ones. You can use them to improve your odds but your odds will still be rather bad no matter what. I e. only take a startup offer if you won't regret it even if it never goes public.
Your choice should depend if you like real money or fake money that will (likely) never become real money :-)
What is your level at amazon?
looks like L6.
Na, high L5.