The company recently got $3M investment. I’m being offered $152k salary and 2% equity, vested over 4 years. Is this good?
My thinking is that 2% of $3M is about $60k, so I could treat that as an extra $15k per year. But if I look at the valuation based on that investment, it is probably worth 5x that, like an extra $75k per year. All in all it is over $200k compensation, which I’m grateful for, but it’s on par with a tech job at a big tech company. Are these reasonable assumptions, or am I missing something?
The only benefit of the huge company I see is the huge name, but with career options and everything else the startup is just so much better since you can create your own job. I would make it mostly dependant on how good our team is. How much I trust the founder to be successful. Then I think you can even have a pretty good edge against the risks that your Startup fails.