3 ms·
Based on the thousands of offers from hundreds of start-ups that I've seen DeveloperAuction, that is definitely a little bit on the low end for a "late stage" s
by Matt_Mickiewicz 14y ago
Based on the thousands of offers from hundreds of start-ups that I've seen DeveloperAuction, that is definitely a little bit on the low end for a "late stage" startup (Series B+?) company, but you're not horribly far off.
You could probably get $125K-$130K elsewhere, maybe even more, and potentially with a signing bonus as well.
$100-$115K is a typical salary at a seed stage company which would offer a significant equity stake
- jmathai 14y agoFind happiness. It may or may not involve your job. If you're unhappy with your work because of your salary, you're going down a rabbit hole. Optimize for happiness. Otherwise, the best advice I can give is forgo the equity and take the extra $15k in salary. It acts as a baseline for your next job and it's cash you can use today for savings or material goods. Unless you're a founder or a VERY early employee in a quite successful startup the financial upside just isn't there. The upside has to be a good job that compliments whatever it is that makes you happy.
- madaxe 14y agoHah. Most founders are broke. Sure, you own an equity slice in a business, but the reality is that you pay yourself a pittance, and your best hope is to be acquired for a six figure (not six zero) sum after a decade of back-breaking labour.