Startup Comp
I am working for a Unicorn Startup. Having another offer from series A startup with greater equity but base salary is 25% less than current. I can try to negotiate to make it to ~15% instead 25% less than current base. Should I compromise for a less base for better Equity and Learnings? *Not in VMware anymore
Wait, VMware is not a unicorn startup? Oh.
What’s the founding team like? How have they executed on their goals and milestones so far? How big is the series A round? Do they do buybacks? Is there an active secondary market? Have other employees (seed round and earlier) successfully managed to liquidate any of their stock? What is your current base/location? I would do it if the questions in the first paragraph have a positive response and you can get by comfortably with plenty of buffer financially.
What’s the equity? That matters
0.2%
Depends on what you equity you are currently getting but too low I think.
Thank you everyone. This is helpful..
I personally wouldn't trade real money for paper money.
I would, within reason. But a 25% haircut is probably too big.