Hi Guys,
I recently signed an offer from Series D startup, but received an offer from VMWare, too.
Both positions are:
Location: Bay area
Position: Senior Software Engineer
I have CS MS (non US, but one of top universities) + 7years(YOE) and am a H-1B holder.
Here are the offers:
1. SeriesD startup
Base: $200K
Bonus: 10%
Sign on: $10K
Equity: 20K options / 4 years and strike price $11 (estimated price: 19 - 30)
Estimated TC: 200K + 20K + ((20K / 4 * between(19 - 30)) = between(95K - 142.5K)) + 10K = between($325K - 372.5K)
About company: They have got about 235M funding from 11investors and their valuation is 1.2B now (Unicorn). Its product is SaaS and can see good news about funding and collaboration w/ big tech company this year.
NOTE: I exceptionally got the documented promise to start my GC after Day1 to minimize my VISA risk.
2. VMWare
Base: 200K
Bonus: 17%
Sign on: 12K
RSU: $300K / 4 years
Estimated TC: 200K + 34K + 12K + 73K = $319K
About team: One of SaaS teams
NOTE: when I check Levels.Fyi, its offer is good: https://www.levels.fyi/?compare=Oracle,VMware&track=Software%20Engineer.
I believe that everybody knows risk about startup while VMWare's offer is safe.
Also, I will become an asXXole if I decline the signed offer and accepted the one from VMware. But I need to consider the new offer at this time.
I really appreciate your opinions.
#startup #vmware
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comments
Generally employers give 90 days after your last day to complete this transaction and then latter god knows how much more time for IPO .