When do companies stop giving equity?
Received a job offer from a healthcare tech company who had a successful series D funding round a year ago. Recruiter told me that new hire jobs under the director level don’t receive stock options anymore. This is a role responsible for a PMing a completely new product for the entire customer base. Is this normal for companies to stop giving equity as they get closer to an exit? #equity
That’s what recruiter says to help the company - call BS and don’t accept the offer! Plenty of other startups offer equity.
No but they may switch to RSUs
Would be totally normal to switch from options to RSU around series D. If they stopped giving any kind of equity, that's a big red flag.
Not normal
Normal outside tech hubs and non tech companies
This is healthtech though. Not normal
No, options up to IPO and RSUs after
The whole point of equity is to save cash and give your employees an incentive to work harder to make the company more successful and hence help themselves. Not giving equity is a red flag, people will have no reason to not leave that place, do not go there
What about Netflix?
They are public, this is about startups. Or are you talking about before they want public
nope
Most companies outside the bay don’t give meaningful stock package (esp non tech). You’re a cost center to them. Thank them kindly for wasting your time. If they say that aren’t Google, tell them you aren’t a sucker.
Complete BS. Avoid