Offer letter from trading company

Bank of America / Eng
justAnEmpy

Go to company page Bank of America Eng

justAnEmpy
Mar 30, 2021 6 Comments

I got an offer from a trading company similar to Robinhood and WeBull but much smaller. Currently they are still working out their equity structure, but are planning to IPO soon (I think).

The offer:
Base - 147k
Bonus - 15%
Equity - Not decided yet.

This position is 100% remote.

comments

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TOP 6 Comments
  • Google
    Ploplop

    Go to company page Google

    Ploplop
    How are they planning to IPO if they’re much smaller than RH and WeBull?
    Mar 30, 2021 1
  • They’re probably not going to ipo soon... ipo’s take a ton of planning and legwork lol you can’t just assume bc someone’s added a cfo they’ll ipo. Fact that they haven’t figured out your equity component already sounds fishy — if they had the financials setup for an ipo, they’d know your equity component.
    Apr 7, 2021 0
  • Google / Eng
    🍑☁️

    Go to company page Google Eng

    🍑☁️
    What's even the point of making an offer if they don't give the equity portion yet. "I'll pay you x + y but I only know x yet"
    Mar 30, 2021 1
  • New
    couldvbgr8

    New

    couldvbgr8
    I hope their IPO news goes “public” soon.
    Mar 30, 2021 0