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First start using some comparison data using tools like https://angel.co/salaries https://angel.co/salaries which gives roughly the salary and equity breakdown
by dedalus 11y ago
First start using some comparison data using tools like https://angel.co/salaries https://angel.co/salaries which gives roughly the salary and equity breakdown to see wherein the histogram of possibilities this offer lies and how much more headroom you have
Regarding the tradeoff of salary vs equity its driven by pure personal risk appetite wherein if you think the company is something to bet on I would do it but if you need the cash, dont.People can give you pointers but just do what your gut tells you to do (imagine the stock is half of what today is, can you digest that?)
Most important inputs are the number of outstanding shares, liquidation preferences of investors, check for any accelerated vesting schedules and mostly the quality if people
- lmeyerov 11y agoI was poking around that tool yesterday and realized it was ~meaningless. (This comes from the hiring side, where I wanted to ensure the offers we're giving are in the top quartile.) Basically: X$ at Y% equity doesn't factor in company status and trajectory. Being able to slice on valuation, revenue, funding round, and other basic indicators would be a big deal. Y% of a pre-seed vs seed vs big seed vs a vs b company matters, and even subtler details like at what point the strike price was set. It'd be a great service to the community -- both founders and employees -- if AngelList added a way to slice on some of this stuff!