Startup offer compare to public companies offer.
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?
comments
Congrats on 800-850k offers from G and FB. I would recommend any of these
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.