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?
I’ve got some good news for you mate. The company is valued at a fair bit more than $3m, that’s just how much someone invested in the company recently. Likely that $3m bought someone 10-20% of the company, so your 2% could be worth $300-$600K