I'm debating between two offers: Fintech (Series C) 245K OTE (215K Base, 30K Variable) 300K / 4 Years ESOPS at ~1.5B valuation (0.011%) DevOps (Series A) 245K TC (175K Base, 35K Sales Variable, 25K Bonus) 14K / 4 Years ESOPS at ~30M Valuation (0.04%) They said the ESOPS is likely around 300K if they mature to around 1.2B with 2 more rounds. I'm more interested in DevOps actually, the domain matters since the role would be in presales where I would help to sell this product. But the expected value of the ESOPs being the same as the current value of the Fintech ESOPs doesn't seem to make sense. YOE: 8-10
In this climate I'd ignore all but base salary, but Fintech series C feels a bit more risky. Which one gets you closer to your long-term career goals?
300k for 4 years at 1.5b means the company has to do 10x for you to get the current market rate 250k base 1.2-1.4M RSU is what staffs are getting
Interesting information but Meta isn't the offer at the table for me and I'm not a software engineer which I assume is what you are referencing due to the large RSU grant. I have tried to apply through referrals (even before the recent layoffs) but there were 0 openings. I believe my market rate is around 250-300K TC, my TC before this was roughly 250-300K (I was at 400K in 2021 but that was with the inflated RSUs, not at SendBird). 500-600K is well out of reach for the 20+ presales role that I have interviewed for by nearly double from my experience.
I see. My comment only applies to SWE. You should mention your role in any poll you create in future.
Remote?
Series C is likely lower risk and closer to IPO if you want a quick check. Otherwise do what you’re interested in, you don’t want to be miserable at the end of the day