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Anyone from D received H1b approval?
More like “Are you a consultant?"
Hi folks,
could anybody help me to know ,how much time does offer revision take in TCS? it almost a 12 days...
HR is saying that next onbaording is on 9th September so till then you can onbaord with revised/original offer what ever you'll have at that time.
what should i do should i join with same or wait?
Please help URGENT!!!!!!!!!!!!!!!!
Tata Consultancy Infosys
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An additional 10k a year in base salary is really not much after taxes. If you believe in the startup then take the additional equity for the long term payout.
Take the middle offer. Still decent base and notable equity. It’s a solid offer and the biggest way to tell which TC is worth more is by the valuation of the startup.
Exactly! Godspeed!
I see a lot of people encouraging taking more equity than base. I'd have to be the wet blanket here and point out there are a couple negatives to taking more equity:
1. 9 out of 10 companies expire worthless where equity value becomes 0. Ask me, I was once worth $24 million on paper. The eventual cash value became 0 before being able to cash any of it out. Also look up "asset sales".
2. Why take the job then? Treat it as a learning experience, pure and simple. "Winning" in terms of equity being of value will be a bonus.
3. If you start with a lower base that will disadvantage you when it's time to negotiate/look for another job.
4. If you're a key guy in the company and it starts doing well, expect more equity awards - after all, it's the cheapest way to keep talent around for a while until Series E or so.
I would, again predicated on the practice which I've seen (from both sides, as a grantor and as a grantee) where companies will be glad to incentivize/compensate in equity for performance instead of cash in earlier stages.
What was your approach in landing the PM offer with no experience in PM? Congrats!
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Third offer hands down
If recent valuation was $100M then the third package is already equivalent in TC to first if you stay for two years. Then if you add on the expected growth, that .01% difference in equity can grow substantially…maybe even by an order of magnitude (particularly given series A). If you do not believe in that expected growth, why take the offer at all? Not to mention the percentage decrease in base is substantially offset by the percentage increase in equity between each offer.
Put differently, you’re much more likely to regret not having 10% more equity in a rapidly growing successful business than you would having 5% less in base