Hi- Currently going through final round interviews and was hoping to get insights into comp structure. Based on convo with recruiter roughly 30% of TC would be in the form of stock. Is the offered amount based upon current valuation? Given their funding round was in November I think their current value would be much lower in a public market (growth companies values retracting) I am worried about an offer where much of value is derived on stock. Is there much room in the sign-on bonus to help alleviate some of these concerns ? tc:200k Yoe:7
Hello! Considering its still a private company, we are definitely equity heavy. Our numbers are right now based on November valuation. Sign on bonus is generally an exception rather than a norm. So any cash related expenses for the company is in tight check as you would expect from any private companies during this macro economic time period. Recruiters are great at Benchling, let them know your concerns and they will work with you. If you want to chat more about Benchling itself, please feel free to DM me and I can share more details.