Fellow fish, what's a fair comp and Stock Options for a Series B Start-Up in NYC for Director of BizOps role? Currently making ~$340K cash and expecting ~$400K next year if I stay on my job. Thanks!!

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Are you a principal at a very expensive high school to be making this much?

likefunny

Less cash than that, maybe the fake paper money will get u close to ur 400k TC

likehelpful

Realistically? $150-175K base + 20% bonus + funny money. It’s a STARTUP! And a Series B. Talk to the recruiter about the comp range.

likehelpful

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.

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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

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Also curious

Way less than that in cash! 200 is fair.

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180-220 if the startup pays market and is not cheap. Less if they’re cheap.

Some fake paper money too.

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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?

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