4 ms·
1. Note that an effective salary cut of 50% means you can double your salary with a new job. 2. The single most effective way to get a salary raise is to show
by calcsam 13y ago
1. Note that an effective salary cut of 50% means you can double your salary with a new job.
2. The single most effective way to get a salary raise is to show how much you're worth on the market, ie, get an outside offer. Use this tactic carefully.
3. My unscientific method is to value stock vesting at Series A companies at 40% of face value due to them being high-risk assets.
Worth to VC = 1% / 4 years vesting = 0.25% / year * $12M = $30k / year.
Worth to you, adjustment for being a high-risk asset: ($30k / year) * 40% = $12.5k / year.
That's how much your equity is worth, maybe a bit more since you have additional traction.
- deanmoriarty 13y agoThanks a lot, interesting reading!
- greenyoda 13y ago"That's how much your equity is worth" On the other hand, if the company never becomes successful enough to go public or be bought by a larger company, your equity is worth zero. As for what to do: I agree with the people who say look for a job somewhere else. They've already lied to you about bringing your salary up to market rate, so why should you trust them to look out for your best interests in the future?