Recently got an offer for 245 (150 base, 95/year RSU) from Square as L4. Also have an offer from a startup for 268 (180 base, 88/yr RSU OR options). I’m new to the startup game and don’t know how to evaluate the offers against each other. Startup recent raised series D at ~1.5B valuation. Might be planning a series E in a couple years, with no ETA for IPO right now. Profitable right now, but they have entrenched competitors who could still win out. Current TC: 215 YoE: 4
Dang series d 1.5b Val? Do you believe in the start up? If not go with square.
Their biggest competitor is at 10B after series C so I would say there’s a strong belief that the operating space is going to be profitable long-term.
Profitable series D will have liquidity opportunities probably in each raise Ask about that
20% of initial grant would be liquid during series E; the rest would have to wait for IPO.
Sounds great Take the ISOs More upside and cheaper taxes
What's the strike price and preferred price?
What’s your location?
Bay Area
So I assume the Square offer would’ve been lower if you lived anywhere else (except NYC)
Do not take paper money. Don’t ask me how I know.
😂
Did I give you permission to gloat? Did I?!