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What will be the inhand salary at tcs on 10 lpa
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Put it this way? If you leave on good terms why wouldn’t they hire you back?
I’d take it but definitely leave on good terms with current team if in case you need to get back to this role for any reason
One thing , I would request you to check is stability. Early enough, when job is stable, you optimize for high pay and other variables. But, the moment you jump, you land in a zone of several uncertainties , which will unfold year after year . Sometimes, think of current job as boring index funds - :stable growth with peace of mind.
Ex commercial SM who was in process for 7 years and got bumped down from p to md and then left for competitor here. (And I don’t love competitor) I’d guess 7-10yrs at SM before likely MD (nothing to do with you, only based on p/md ratio trends) Only you know your financial situation but my reaction is take the risk now. You could always boomerang back in a few yrs as an SM if you want but once you’re SM you’re stuck in role for a while and idk many (any?) SMs that left and came back as an SM.
Bowl Leader
If you want to make partner, stay. I don’t know why you think SM is slow and steady. But maybe at D it is
If you don’t , then better take on an opportunity now than never.
Start ups come and go but D is forever! lol
Jk - if you believe in the start up and the product they’re building. Then go for it. I judge start ups by a number of things when evaluating joining.
How much cash do they have to determine run rate. To give you an idea if this is gonna be a 1 year flash in the pan or will have some length.
Also consider if they’re pre-revenue or already found some product market fit proven by growth and revenue.
At 200 employees I assume this has some legs. That all said, I’d take it.
I had a similar situation 5 years ago and had interviewed at a start up with <50 people that was already doing 15m ARR and had gotten some funding. I ultimately turned it down since I was between a promotion to M or the start up role which paid less than what I was making at the time in terms of salary, but heavy equity component.
That start up is now valued at 20 billion 5 years later. I still dream on what could have been - could be retired sooner lol.
That’s a lot to get paid at a startup given your experience (unless there’s some equity in there). I’d wonder how much runway they have if they’re paying you and everyone else that much. And if their runway is in question how much risk is there for your kids?
Cash flow positive at Series B is awesome, and unusual. Pressure test that against some scenarios (eg if it’s an AI company what if computer costs go up 3x) where are the vulnerabilities in the business and where could things go sideways? Figure out if any worst case scenarios are possible
If all that looks safe, maybe go for it! I’m jaded by a bad startup experience but I also learned so so much that is valuable in different chapters. Sounds like you have a solid safety net and a supportive partner. You can always go back to a job
Wishing you so much luck
SFO?
If Deloitte is growing stay. If it’s a sinking ship, leave. People are leaving McKinsey and I’m evaluating if I leave this or next year
Given all the info you’ve mentioned - take it this is a no brainer
If you like Deloitte and have a good network and the only thing holding you back is the promo, present your offer to your leaders and see if they counter. They may match or at the very minimum get you close to the $275K offer if they really see your value/potential
If you want to make partner then stay, but director level will not be slow and steady