Should I accept this offer?

New / Mgmt
griesrt1

New Mgmt

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Sep 7, 2019 10 Comments

Advisor shares of 0.2% vesting over 2 years during seed as part time.

After raising series A joining in leadership position (head of data or CIO) 1-2% equity that vests over 4 years. this is on top of the advisor shares.

Salary will be probably a little over $200k.

Startup revenue is $85k a year with a $10 mil valuation.

Is this a strong offer?

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TOP 10 Comments
  • Snapchat uOkV57
    How long do you think they can keep paying you 200k while they only earn 85k per year? Valuation is not liquid assets.
    Sep 7, 2019 3
    • New jrbb00
      Where is the company located?
      Sep 7, 2019
    • New / Mgmt
      griesrt1

      New Mgmt

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      San Francisco SOMA
      Sep 8, 2019
  • Rubrik hhet
    1-2% is low for leadership position at series A. ~5% is more typical.
    Sep 7, 2019 1
    • Amazon maz9
      Lol
      Sep 7, 2019
  • LinkedIn Wiener
    85K revenue per year is peanut.
    Sep 7, 2019 1
    • New / Mgmt
      griesrt1

      New Mgmt

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      This is during the pilot.
      Sep 8, 2019
  • Pandora x0kjF
    $85k revenue worth $10 million lmfao
    Sep 7, 2019 1
    • Facebook Pack-Man
      Many of the companies don’t have revenue and still have hefty valuations
      Sep 7, 2019

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