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Hey all, looking for advice on an initial offer from startup. They recently got $45M for their series B, total funding $55M. Title: Software Engineer Location: San Francisco, but I'd be fully remote Base: $150K (adjusted per cost of living where I live, ~30% lower than SF) Stock options: 0.04% Vesting: 5 years with a 6-month cliff Bonus: none 401K: no match YOE: 9
4 basis points sounds pretty bad for a senior engineer, I'd expect around 10 basis points (0.1%). Vesting over 5 years is bs too, equity should be even higher to make up for that
Thanks, that sounds accurate to me, though I know it varies by the specific circumstances.
pass
I’ve not got experience in this, so take this with a grain of 🧂 Looks low for someone with 9YOE