They don’t negotiate outside of the bands. We were too far apart. Have 4 other offers.
Sharing for visibility.
Director Level
Their offer:
Base: 275k (230k-275k)
Sign on: 20-30k
Tokens: 177k (30,000 flow tokens, current price is $5.9 but they peg the value at $20 a toke. which makes no sense. Vests over 4 years
Equity: 625k (4500 shares x $139 a share. Vests over 4 years)
What I asked for:
Base: 360k
Sign on: 100k
Tokens: 885k (150,000 flow tokens x $5.90. Vests over 4)
Equity: 500k (vests over 4 years)
My rationale was to ask for 1.6 basis points based on recent valuation of $7.6B
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comments
Your requests were more like L7-L8 band, which is probably not at 13 YoE.
Just guessing, but you shared, so take this honest feedback.