Startup offer compare to public companies offer.

Netflix
wAoe40

Go to company page Netflix

wAoe40
Jan 26, 2021 11 Comments

Current TC: 700K, SWE, 15y exp

FB, Google verbal offer: 800-850k

Startup: TC: 520k. Base-220k, RSU-300k/year. Their justification for low offer is they are high growth company and might see at-least 3-4x growth in 2 years before going to IPO. I thought startups usually pay more initial equity as it is paper money, in this case it is weird. Is this normal for a hyper growth pre-ipo startup?

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TOP 11 Comments
  • Tesla
    wjxs10

    Go to company page Tesla

    wjxs10
    Kinda bullshit on the growth argument cuz you could take the cash from GOOG and invest in startups for more equity
    Jan 26, 2021 4
    • @zvWH12 -- absolutely not true. As a founder I frequently turned down investment offers when we didn't need the money, the amount was too low to be worth the paperwork and legal fees, or the investor was a bad fit. Capital is declined *all the time*.
      Jan 26, 2021
    • plenty of startups and preIPOs on Sharepost and equityzen to invest in
      Jan 30, 2021
  • Google
    Uzah85

    Go to company page Google

    Uzah85
    If money is an important factor for you, since that is the only thing you mention, I wouldn't recommend leaving money on the table. Startup should at least match and ideally exceed your other offers.

    Congrats on 800-850k offers from G and FB. I would recommend any of these
    Jan 26, 2021 0
  • Turbot
    _esco

    Turbot

    _esco
    Congratulations on the offer, never ever believe in startup growth story.

    If they cannot match industry standard base pay, then they cannot afford good engineers.

    Go with FB/G and invest in startups that you think are valuable.
    Jan 27, 2021 0
  • Apple / Eng
    jdjd737jf

    Go to company page Apple Eng

    jdjd737jf
    Can you share details breakdown of f and g offer? Thanks!
    Jan 26, 2021 0
  • Apple
    RTkW53

    Go to company page Apple

    RTkW53
    Google L8?
    Jan 27, 2021 1