21 ms·

What sort of exit would a staff engineer get here?

• bitcoinmoney 6y ago
  Seems like it is a an acquihire. I know somebody who said he gets a modest amount. Seems like they sold out too quickly? Series C or D would be better. But they just had A and sold out without a product?
  • person_of_color 6y ago
    Did they even tape out? They probably got equivalent to staff engineer rsu refresher.
  • _chris_ 6y ago
    But if you sell out after Series A you should have a ton of equity still left with little dilution? In this case, it looks like they did a $50M Series A and a $240M Series B. IIRC, 5x is respectable, but I can imagine the VCs might be on multipliers here and eat away quite a bit of the common stock.