How to negotiate salary offer at a startup given the following. Offer is -$5k my current salary, but I'm up for promotion in a few months which would bump me +~$10-15k, also have an offer from their direct competitor but it's -$10k my current salary since they are earlier stage. Do I have any leverage to negotiate the original offer or no?

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You always have the leverage of choosing to decline the offer. Attempt to negotiate both offers. But recognize that startups don't have tons of cash, which is why equity should be a meaningful portion of your compensation.

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