Just got an offer from BlockFi. Salary seems to be really good for a remote company but the equity feels weak for a tech company. Can anyone in BlockFi confirm this? Offer: $180k base + $47k/4 = $191,750 TC Current: TC: $197 (base + bonus) YOE: 6 Texas #offer #tech
That equity amount is garbage. Even if they 10x, your compensation will only be $300k. Still less than a Senior SWE at a FAANG.
What's frustrating is I'm talking to my friends in the company and it seems they are just real stingy on equity. No one is getting the FAANG equity packages
Yeah I don't like that at all. Employees get cheated while the VCs get all the equity.
What role was this for? Also did you make a decision?
Pinging
How much are each share worth?
This aged well
Can you get more equity? Blockfi will likely go public eventually and is well into the unicorn status. Not much upside with that little of equity tho
Yeah that is my thinking. I'm going to try and double that number. The whole point in equity is to have share in that growth.
Yea if it only 325x's like coinbase op would only have 15million. Why bother.