Given the current macro economics is it a good time to join Carta? (Answer in comments) The poll question: how is the offer? Base: 210k Stocks: $400k/4 Yoe:6+ Current tc: 250k #tech
Does Carta negotiate?
Generally no. It’s a one and best/final offer. I’ve heard rumors that people negotiated but haven’t seen from my experience.
Doesn’t hurt to try but I think it’s harder than it used to be
Why is carta listed in Japan? What does TYO mean?
It seems low for 6 yoe, but if you’re not trying to maximize tc, it looks good
What’s a good offer? For maximizing tc
Stocks would be at least $600k. FB goes up to almost $900k. Also, ask startup stocks are overvalued right now
Position and level?
Good overall offer for E5. You can probably try to negotiate the base to 220. Bad time to join Carta: the equity is priced in at a rate prior to the market drop. So you are going to have a better chance for an upside working at a public company.
Thank you!
^ agree with above. Overall it’s a good E5 offer but bad timing. Price is locked in pre crash, you’d get more general upside joining a public company and locking in a good grant at current stock prices. But honestly just depends on what options you have on the table imo
If our valuation is impacted by say 50% then your offer will be a total of $260k . In such a case I will stay at apple knowing the current tc you have is based on the actual market value and when the market is down.
But the current valuation is ~8B. You think it can go below that?
Our valuation was never corrected post the peak hype cycle. So ours doesn’t reflect the current market sentiments .
How much can Carta pay for staff Eng? Can they do $600k+ tc?
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