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1% equity in a series C startup sounds wildly optimistic. You would most likely not get that much equity as a senior software engineer. It's interesting that yo
by anorwell 9y ago
1% equity in a series C startup sounds wildly optimistic. You would most likely not get that much equity as a senior software engineer. It's interesting that your first calculation still favours the other choice.
- fnbr 9y agoYeah, I agree. There's no way that an engineer is getting integer percentages of equity after seed round. Maybe if they're highly recruited, in which case Google et al. would pay more.
- ruleabidinguser 9y agoWho would get integer percentages after seed round?
- kasey_junk 9y agoC-suite hires that have other choices and capital investors.
- morgante 9y agoYou can get integer percentages right after a seed. (No way at Series C though.)
- romanovcode 9y agoYeah, I agree. No way someone in C round will get 1%.
- brianwawok 9y agoA C-suite would I think, not an engineer.
- iamacynic 9y agoa c-suite would get more than that, probably closer to 3 or 5%, and also a signing bonus, as well as performance bonuses, a huge options package, and a termination clause / parachute clause. hell, throw in a relocation package and a credit card for entertaining customers and partners also.
- seattle_spring 9y agoOn the other side though, $100k salary is widely pessimistic for a Series C employee who could command $300k total compensation at a FANG-type company. Realistically, their base salary would be closer to $150k - $180k.