Series D Offer
I have an offer from a company who just reached series D (announced yesterday). They’ve offered me 5k shares. When asked what the total amount of fully diluted shares are outstanding they told my recruiter this is still being defined/communicated. Is this normal? The offer is in London at £110k base + 20% bonus Is this a good offer? VMW is only offering me £95k base + 20% bonus (was previously at $175k+20%bonus in SF)…already mentally accepted the pay cut 😫 I’m a Sr PMM
Base bonus is good Is this a fintech startup?
Series D offer is likely stock options and the recruiter should be able to tell you the strike price and FMV (fair market value). Something to keep in mind is that private shares are worthless until there is an exit event. I have held shares in a Series D for over a decade that shows no signs of being acquired or IPOing. That said, the base and bonus are decent for UK.
Thanks! Helpful. Is what you received stock options? Is there a difference between stock options and shares?
@VMware buy/read this https://www.holloway.com/g/equity-compensation
Get the D!
It’s 🥜. You should negotiate more
No it's not normal They should tell you 1. Weather it's rsu or option 2. Price per unit 3. Valuation after series D