5 ms·
The current company I’m at just sold about a month ago for $140mil. I was one of the first engineers (the three of us originals all started at the same time) an
by jrozner 8y ago
The current company I’m at just sold about a month ago for $140mil. I was one of the first engineers (the three of us originals all started at the same time) and started a few months after initial funding was raised. Between my purchased options and non-purchased vested options I made about $130k and have another about $40k in remaining options that are converting over. I was kept on by the acquiring company and given a new company package with about $40k of additional RSUs that vest over 4 years.
- dev_dull 8y agoThat seems like a pretty small retainer to me. Did you negotiate that package?
- jrozner 8y agoNo. New company’s comp package was underwhelming but they didn’t want to negotiate. I consider it a blessing in disguise to not have handcuffs.
- rpm33 8y agoWhat % of the current company (startup) did you own when you were made the offer originally ?
- jrozner 8y agoMy original option grant was for 0.00225%. I optimized for salary when I was hired, due to the stock at my previous two startups being worthless, and didn’t fight for more. Between series A and B we were going through some rough times as a company and I was granted a second grant of the same number of shares but not sure what the percentage turned into.