I have an offer from a Canadian start-up in the clinic management space. They have been profitable for a few years now and got some funding last year (just to have some money in the bank). I have an offer from Twitter, but they are taking forever to give me a written offer. I'm in Canada and they have been having some challenges with the comp team. Should I just accept the start-up offer? I want to build my own start-up and I feel like joining a start-up will give me an opp to learn. However, I have a family and the twitter offer seems to be a better financial choice and will provide great WLB.
Here are the details:
My offer: Base $180K CAD, 7600 options to buy shares over 4 years @ $10 each, current price @ $30. The options would put me at 0.15% equity. I'm not calculating TC because the options can go to 0.
There is great product market fit and it looks like the company is going to grow a lot in the next 1-5 years. There is definitely risk associated with a small startup but I think the benefits of learning and growing with a startup outway the risks.
Twitter offer: I expect it to be around $300-320k CAD.
Update: just accepted Twitter offer. The recruiter who was managing my offer process left twitter but made sure my offer letter was ready before he left. TC 280k CAD Sr Engineer role 6 YOE.
#startups
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The Twitter offer looks a little low for senior though, I don’t have any points on how much Twitter pays in Canada but I hope you can negotiate it up.