Startup vs corpo
One of my friend asked me to join his startup at C-level position, 250k base and 5% of his company in exchange of creating an extra product out of my moonlight project (under the startup umbrella). I've been talking with him for some time (months?) and at some point I decided why not to try? Startup is not "new", it's after A-round and generates revenue, so the risk it will die soon is low. When I decided to leave the company, my manager prepared a counter offer including promo and RSU which would raise my TC up to ~700k+ Now I'm struggling... should I stay or chase the unknown dreams with the startup... Moreover, my friend thinks it's already decided and I'm joining his company. I guess we won't be friends anymore if I stay ;-) I realize it's a very subjective and personal decision in front of me, but I'm wonder what would you do? #startup
Run a regret framework through your options. I think this is a very good situation for that.
Thanks, never heard about it
I mean Jeff bezos' regret minimization* framework. Watch this https://m.youtube.com/watch?v=jwG_qR6XmDQ
Blind is full of Indians after a paycheck, so they're just gonna say whichever option has the most money/biggest brand
I find it interesting how much hate one needs to have to make an unrelated comment with a racist stereotype.
I'm Indian-American bro, I didn't say this at all from malice. You just need to spend more time on Blind 😂
5% is ridiculously high for an A round startup. Unless you’re a unicorn, that equity stake is red flag high
The allocation was before they closed A round, so now it is liquidized a bit (<5%)
Uh what’s the startup valuation? And your role?
C-level role, valuation ~60M
$60M at Series B seems rather low
Just take both jobs. $1M+ TC.
Personally, I'd go to the startup. It comes down to what you are looking to do with your career. If money is your main motivation, take the big raise and stay.
That's the question, both options has bright and dark sides. Although, with the startup, you never know where you end up working after acquisition. Additionally, crisis is not a joke and maybe this is not the best time for risky move (but when is?)...