{ "media_type": "text", "post_content": "Got an offer for a director of Strategy role at a series C startup (Fintech in the lending space) in NYC. Base is $180K, equity is $125K over 4 years. Thoughts on comp?\nMy background is 3.5 years at McK and 1 year in tech doing partnerships.", "post_id": "6036d536a195aa001d2bcca4", "reply_count": 17, "vote_count": 2, "bowl_id": "5ae4a4f739e7cb001391ec8b", "bowl_name": "Consulting Exit Opportunities" }

Got an offer for a director of Strategy role at a series C startup (Fintech in the lending space) in NYC. Base is $180K, equity is $125K over 4 years. Thoughts on comp? My background is 3.5 years at McK and 1 year in tech doing partnerships.

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Is that 4.5 yoe without an mba? If so, then think it’s pretty decent. If you have 7-9 yoe plus mba then probably too low.

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If this is a startup I would value the equity at 0 unless you think you can sell your private shares to someone else. You’re essentially looking at 180k base which is pretty decent for almost 5 years of experience.

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Yeah they plan to IPO in like 3-4 years so not very liquid at the moment. Thanks for the contribution!

Is this director level? 185 is a lot for a non tech role at a startup. You also have a ton of equity off the bat which is great. what’s the valuation?

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Fwiw, I have 3.5 YOE, 130k in strategy role, $80k equity at series d 850m startup If the startup is interesting and growing fast with a lot of funding, I’d go for it

180k cash is high for a non-tech role at a startup with <4.5yoe. I say it’s a good offer.

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It’s undergrad + masters (Typical European cursus) then 3.5 years at McK and 1 year in tech.

What’s your comp at McKinsey? Or what was it

My comp at McK was about $200K but that’s all ca$h.

It depends (there, I said it). No but seriously I have had very sustainable projects and horrible projects (depends on many factors). As solutions specialists you should have a better lifestyle.

What’s the target bonus? Honestly comp sounds a little weak... unless you are getting counseled out I’d pass if you aren’t in love with the role / company

Assuming .35% equity based on the valuation you quoted, sounds pretty fair for a startup with series C funding.

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