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Are you a principal at a very expensive high school to be making this much?
Less cash than that, maybe the fake paper money will get u close to ur 400k TC
Realistically? $150-175K base + 20% bonus + funny money. It’s a STARTUP! And a Series B. Talk to the recruiter about the comp range.
I have a very similar package. I don’t get free healthcare or anything (I do have an HSA) but I have great WLB, while learning a ton and having upward mobility etc etc.
I’m not a director of Bizops but I am in BizOps in SF. For point of comparison, mine is 175K cash + 225K funny money. 5 YOE! Hope it helps as a data point
Also curious
Way less than that in cash! 200 is fair.
180-220 if the startup pays market and is not cheap. Less if they’re cheap.
Some fake paper money too.
Honestly I would ask for what the CEO : Non-C Suite is being paid and then base my response. If the span between those is too high or they do not prove it; look elsewhere.
This is terrible advice.
Thanks for all the answers! What about the funny money? How much percentage of stock options (e.g., is 0,25% vesting in 4-6 years high or low?) And is there usually a discount to latest valuation on the strike price?
What’s the current share price?
Joined a Series A Management team for 1.5% — albeit earlier stage and higher title fwiw
What is funny money?