Offer evaluation
#tc #rsu #stock Got an offer from a late-stage start up in the city as a SWE. Please help me evaluate. YOE: 2 Base: 129k RSUs: 90k over 4 years Performance RSUs: 30k/year I currently make 120k base, 70k RSUs over 4 years and had a 30k sign on bonus. Base seems a bit low to me, but not sure. Thanks!
Your above evaluation makes a significant assumption that isn’t valid, IMO. How do you compare $70k Amazon RSUs to $90k startup RSUs? There’s far more risk and volatility in startup equity vs RSUs from a successful, publicly-traded company. Remember: The vast majority of startups fail within 5 years.
You have a great point. How would you go about evaluating RSUs from a startup then? May be worth mentioning the company has also been around for > 8 years.
I’m not qualified to answer that. Just want to ensure you’re thinking about this logically.
Discount it by 50% for a late stage startup.
All those rsus mean nothing unless they ipo. What's the probability they do? Paper money is same as toilet paper.
The new TC is lower than current one? Not worth it. RSU from start up is useless 95% of the time. Even if you count them. Do a discount since you won't be able to sell.
TC for the next year would be around 150k at my current job (base + 40% of RSUs) and about the same at the new one (129k + 25% of 90k RSUs). There'd be that additional 30k for performance though. Don't think it's worth it.