I recently got a job offers with two start-ups and can’t decide which is the better comp plan based on their equity. I’ve only worked at public companies before where RSUs are easier to understand. Any help would be appreciated

Job Offer 1: Series B start-up
105k Base, 10% bonus, 2000 shares at $1.50 strike price, company was valued at $550 million+.

Job Offer 2: Series E Start-Up
85k base, 30% bonus, 1500 shares at $6.50 strike price, company currently valued at $1.6 billion

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Ignore the shares and share prices. Those are just lottery tickets that are unlikely to hit.

How hard is it to earn each bonus? Are they practically guaranteed? Will the percentage stay static as you get raises?

$105k + 10% bonus ($10.5k) = $115.5k
$85k + 30% bonus ($25.5k) = $110.5k

Personally, I’d go with the first option. More money overall, and more money guaranteed.

If option #2 goes up to $90k base, then you’re at $117k all in, but it’s still heavily weighted towards a bonus which probably only happens once a year, and probably isn’t guaranteed.

Now, if one of these companies offers 401k matching and the other doesn’t, or one covers 100% of healthcare benefits and the only covers partial premiums, that could also sway me.

In the end, it’s not just about the money.

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