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Biden wants to raise capital gains tax to 40%
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Do people underestimate E6 role at meta?
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White male privilege is real
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Thank you AAPL and NVDA
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Companies that pay as much as meta
Offer - base: 130k - equity: 0.5% (~$200K @ curr val) - TC: 180k (130K, 50K 1/4) Some context - CEO has exited before. Not a great one but managed to pull through - Current valuation 40M, series A funding 4M - Space is edtech and showed some good signs of traction - Product has been built by part-time eng - Will be full time engineer #3 if hired (CTO already hired) 3 YOE Current TC: 190K
Likely a good opportunity for personal growth and getting visibility into other parts of the business. I did a stint in a small series A like the one you describe. Consider the equity worthless and do it for the opportunity for personal growth if you can stomach the pay cut. The startup I worked in failed in a year, but I learned more in that year and had the most fun I’ve ever had, and got some wild stories. I found the expanded scope directly related to skills that made me more valued in other organizations in my future.
You better either really like the mission or the team or both. In my case the mission and team all made the experience.
Find a more exciting domain? Unless you are really passionate about ed tech
You’re the third employee (first full time engineer) and only getting 0.5%? Not sure what the norm is but that sounds too low
That’s a fair offer, equity-wise. Blind is not familiar with typical equity at startups so you’ll get a lot of replies saying it’s low That said, I’m bearish on Ed tech based on historical performance, but if you believe in the company that’s your call
Don’t do it. Ed Tech platforms are dime a dozen. I made the mistake of catching a falling knife and got burnt
Was it a startup? If you could share your exp, thatd be great
It was a startup. Don’t want to provide more information that could destroy my anonymity