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1. Yes. You're also getting an equity lottery ticket, so make sure you understand how stock options work and what information you need to make sense of the offe
by romanhn 5y ago
1. Yes. You're also getting an equity lottery ticket, so make sure you understand how stock options work and what information you need to make sense of the offer. https://github.com/jlevy/og-equity-compensation https://github.com/jlevy/og-equity-compensation
2. Not at all. With FAANG you're optimizing for compensation and resume prestige. With startups you're optimizing for learning opportunities, professional growth, faster pace, etc. You'll find that at different stages of your career you will start to optimize for different things.
3. Don't give a number. Indicate why you're interested in the company and that you're targeting the market rate for a company their size. Ask them for the role's comp range. Have a lower bound in your mind, but be realistic - a startup simply cannot match the compensation of companies that bring in billions in revenues.