CompensationApr 29, 2019
Newarchervice

Starting salary at NYC startup out of college

I'm graduating college in a few weeks and recently accepted an offer at a Series B Fintech startup in NYC as a Data Engineer. Base is 90k, benefits are approximately 25k, plus RSUs equivalent to ~1 basis point. Is this a good offer? I feel that they might have low-balled me during the negotiation. If they undervalued me, what should I do?

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Microsoft cholical Apr 29, 2019

Base could be higher. What was the series b valuation and how likely do you think the company will grow/succeed. Do they have buyback plans?

New
^^^ Apr 30, 2019

Base should be higher, 90k with nonliquid paper money won’t go very far in NYC

New
archervice OP Apr 30, 2019

This is what I'm finding out before I have even moved... not sure how bankers survive on 75 without good benefits until the bonus hits a year later

Two Sigma uwuuuu Apr 30, 2019

Eh doesn’t seem too bad for a start up. Best thing to do is have competing offers or just ask for more.

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archervice OP Apr 30, 2019

Unfortunately I didn't have any competing offers at the time. I think this is why they were able up drive down the salary