Got an offer from a e-commerce and analytics B2B marketplace tech startup. Director of Strategy. $150k base. 16-24% bonus. $270k equity (at current valuation) vested over 4 years. 3.5 years of experience. Based in Texas. Pretty solid, no?

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Posting as :
works at
You are currently posting as works at

Equity is probably worth much less than whatever is being claimed.

Offering a 26 YO a director of strategy role must mean the startup is quite small or low revenue.

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There you go, I think you answered your own question

For only 3.5 years, great offer.

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That’s what I’m thinking, and also think of the great experience you’ll get at a startup

Equity at current valuation means nothing if it is only 2 years old assuming this is likely Series A or B round. Monetary value of that is likely significantly less than that.
If there are legit VC backers, you should not have that title or alternatively the company might inflate all titles. I would go in with the assumption of little to no equity value here.
That said, equity can be very valuable even though in this case it looks super dicey, my SO is an early employee at a fintech and the equity value post IPO is about $4.5m.

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Series C but yes, totally agree. Equity isn’t worth anything until one day it is. That’s awesome for your SO.. it’s honestly what I’m hoping for in the next 4-6 years.

One thing to keep in mind, start ups WLB is not that great, you will find yourself working crazy hours at time. It is rewarding and can help your career even if you leave after a couple of years.

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Totally. I come from CDD and growth strategy background, so I’m used to 9p being an early night. Any improvement above that threshold is a net win in my book

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Excellent job! I would assume for budgeting purposes that the equity is not worth anything. That being said I would take the 150k base in Austin versus the awful WLB. May I ask your experience the last 3.5 years?

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Thanks A&M! Even better, it’s not in the more expensive city of Austin 🙏🏽

I’ve been doing CDDs and growth strategy. Hours have been rough so even 55hr weeks will come as better WLB

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Also for texas, 270k equity is incredible.

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I’m very happy with the package, even though I took a slight haircut on base. Improved WLB should justify the cut (not taking into account equity piece)

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How was the interview process ?

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Also curious

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This is a great offer for you. Congrats!

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Thanks G1!

What’s the alternative?

See my response below

Doing what?

?

Are you at LEK right now?

My guess is S&

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