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Well you got RSUs at Splunk + salary bump which is like ok deal? Granted - your payout at acquisition didn’t work to your expectations - and it’s typical in SV

Well you got RSUs at Splunk + salary bump which is like ok deal? Granted - your payout at acquisition didn’t work to your expectations - and it’s typical in SV - but after dust settled you been offered something not that bad in a company that is really not a lagger after all...

Narkov 7y ago
RSU's and a salary bump are worthless if you don't like the culture of the company and leave after a few months.
- Trias11 7y ago
  Then you make it worthless I guess
truncate 7y ago
Umm, I've never worked in a startup, but if I do, a huge motivation would be make money. Risk is startup failing, not it getting acquired for good money. In the end, if all I'm getting is standard RSUs and salary bump, I might as well will join the established company at first place. I understand some people really do love to work for startups, but I think many don't and regardless potential to make money much more than standard job in future is always a motivation.
- Trias11 7y ago
  The risk is to agree to take a risk in a hope of a future payout without having any control over cap table and liquidation preferences. Lesson learned?
- repomies691 7y ago
  On average, the problem with being an employee in a startup is that actually it is easy to over-value your shares/options. However, there are still lots of cash-out stories as well, where the employee has made nice bonus on top. But to me it seems that for each cash-out story, there is like 9 or 10 stories where the options/shares have turned out to be worthless.
simonebrunozzi 7y ago
No, that's absolutely not fair. Someone took a high risk working at a small startup. That risk should be rewarded with something OTHER than a "nice" job offer, which you can get in 1-2 month of interviews anyway.
- Trias11 7y ago
  Someone understood that stock options and promises are not reliable guarantee of compensation in case of an exit in a SV startup scene. Fairness lesson learned?
digitallogic 7y ago
The problem with the "salary bump" is that it is usually a "salary leveling". You were slightly underpaid because you're at a startup so the bump is to a market rate. Or, even if you were at a market rate, you may have been with the startup long enough that you could get that bump just by leaving. So in the end they're not offering you anything you couldn't get by going to many other employers. So it's not bad per say, but it's not valuable at all. Even though it's being sold to you as such.

Narkov 7y ago

RSU's and a salary bump are worthless if you don't like the culture of the company and leave after a few months.

Trias11 7y ago
Then you make it worthless I guess

truncate 7y ago

Umm, I've never worked in a startup, but if I do, a huge motivation would be make money. Risk is startup failing, not it getting acquired for good money. In the end, if all I'm getting is standard RSUs and salary bump, I might as well will join the established company at first place. I understand some people really do love to work for startups, but I think many don't and regardless potential to make money much more than standard job in future is always a motivation.

Trias11 7y ago
The risk is to agree to take a risk in a hope of a future payout without having any control over cap table and liquidation preferences. Lesson learned?
repomies691 7y ago
On average, the problem with being an employee in a startup is that actually it is easy to over-value your shares/options. However, there are still lots of cash-out stories as well, where the employee has made nice bonus on top. But to me it seems that for each cash-out story, there is like 9 or 10 stories where the options/shares have turned out to be worthless.

simonebrunozzi 7y ago

No, that's absolutely not fair. Someone took a high risk working at a small startup. That risk should be rewarded with something OTHER than a "nice" job offer, which you can get in 1-2 month of interviews anyway.

Trias11 7y ago
Someone understood that stock options and promises are not reliable guarantee of compensation in case of an exit in a SV startup scene. Fairness lesson learned?

digitallogic 7y ago

The problem with the "salary bump" is that it is usually a "salary leveling". You were slightly underpaid because you're at a startup so the bump is to a market rate. Or, even if you were at a market rate, you may have been with the startup long enough that you could get that bump just by leaving. So in the end they're not offering you anything you couldn't get by going to many other employers. So it's not bad per say, but it's not valuable at all. Even though it's being sold to you as such.