Tech IndustryJul 13, 2021
Nordstromirvingliao

Series A Startup offer

Being at Nordstrom as Engineer Sr 1 for 4 years and stuck in growing opportunities. Interviewing for 2 months, and got 1 offer from a series A Startup in Dallas called RewardStyle LTK Offer from RewardStyle: Staff Engineer 170k base with at least 10% annual bonus + performance bonus Equity: 500 share stock options Current TC at Nordstrom: $155k base No RSU Bonus is ambiguous now, since Nordstrom had bad last year due to Covid-19 Although the digital business is growing well, but still not cover from the lost of retail store. Before pandemic, the bonus used to be 15-25%, the highest I got is 2 yr ago, with TC $195k Last year with bonus, TC is $175k This year has no bonus … All are fully remote working position I’m located in Austin, TX Have 9 years experience. I used to work in Startup previously, I know stock options is mostly nothing before company IPO and going to public. The RewardStyle looks promising in business and have growing potential. Even it is still in series A, but it has 250 employees now and started the business for 10 years. The offer looks good enough to make the move, but I still have some ongoing interviews with Apple in different teams, and got second round and first round tech interviews. Wondering should I accept the Startup offer for now and continue interview with Apple? Or tell RewardStyle to wait and waiting on my interview results with Apple? And any tip to negotiate with the startup with more perks? I actually saw someone got 180k base with 15% bonus 20k sign up bonus with RewardStyle with 14 years of experience Thanks #softwareengineersalary #offers #interview #startup #austin #softwareengineer

Hinge Health AllLegss Jul 13, 2021

500 units? Am I reading this right? Is their stock price $1000 per share?

Nordstrom irvingliao OP Jul 13, 2021

I think it most likely $30 or $40 for the strike price. I will need to ask them

Coupang UwvR80 Aug 5, 2021

what percentage is it from initial stocks count?

New
scMl62 Nov 30, 2021

OP did you take the job at RewardStyle?

Walmart imposterde Jan 28, 2022

Did you join the startup?

Nordstrom irvingliao OP Jan 28, 2022

No, I didn’t join them. Because Compensation is way off from my expectations. And there’s a guy join RewardStyle and quit recently told me, the team culture there is horrible. I actually got 2 offers from PayPal and Adobe recently. Which is way better

Wahoo Fitness notme76 Jun 15, 2022

Talking to recruiter there today. I know it’s been six months but is it worth it?