I’m currently debating if I should take a pay-cut-for-equity deal at a fintech firm that’s burning cash like crazy. The base is $150k (down from my current $190k), but the potential value of the options is north of $1M if they hit their next funding round. I’m 29 and have some savings, so I can afford the risk. worth the gamble?

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

If you are 29 and can afford an educated bet that the equity tranche could realise $1m in return for a base cut of 40k it makes sense. Key is trying to protect your equity allocation and ensuring with a high burn rate that you don’t experience multiple rounds diluting your equity. Also watch out for the vesting conditions to ensure something doesn’t happen. Reverse vesting can be a great approach

Related Posts

I had cleared all the rounds in S&P and had salary discussion 1.5 month back. The HR is always saying the management is on leave and will soon get the approval and release offer. Today she shas asked for one more week to release the offer. Should I wait for it or move on. Are they waiting for some other candidate to join before rejecting me at last moment. Only 10 days of my LWD are left.

How is S&P Global?.
Pros and cons
Employee benefits and Culture

Thanks in Advance! 😊S&P Global

Are there any other job titles that I can use in surveys other than an “accountant” if I work in FDD?

like

I accepted a FADP offer but I have lifelong crippling anxiety It leads to (TMI) diarrhea, I can’t sleep at night, among a lot of other issues. I see a therapist and have their support in school accom. I appear high functioning and ever since uni went remote my life and performance has only improved. I know I’m capable of getting the work done and they must see potential if they hired me. But I feel that if I ask for WFH or other accom. I’m gonna be shooting myself and my career in the foot.

like

Does Publicis network have a cap on freelance time, the number of weeks or days one can freelance?

Hello, i am currently working as Lead software developer. what is next post should i be looking for ?

What is the comparision between Infosys band 6B and Band 8 of IBM? Any pointers please!

like

Experience hire applied via referral 10 days ago. How much time does it take to hear back after the pymetrics at BCG?

like

What is the yearly hike cycle @capgemini? And when the variable is paid?

like

I feel like I've been lowballed, can someone explain the below breakdown please?

Base salary: 60k
Quarterly quota (per quarter): 107k
Quarterly bonus (per annum): 23k
130% Annual bonus = 11.5k
"23% commission on quota minus base": 37k (don't understand this)
"Proposed 23% commission on 150% quota minus base": 86.5k
Sales commission threshold per month: 22k
OTE: 122k
Cost/Sales: 28%

That base salary is lower than my previous base by a significant amount by 32.7%

like

Hi All,

I’m looking for testing openings. I have around 3 years of experience in both manual and automation testing.Could you please tell me do you have openings in testing roles?

LWD: 09-SEP-2022
Location: Chennai, Bangalore, Hyderabad

Anyone in herspiegel? I’m looking for a referral for a consultant/sr consultant position in life sciences if you are hiring. Have 2 YOE.

likefunnyuplifting

Hi fishies,

I am a digital marketing professional with 4 years of experience. I was really frustrated in my current job due to extreme level of micro management and no growth career wise, so I have resigned on 3rd October. Tomorrow, after a meeting with ceo I will get to know how many days of NP I have to serve.
It would be really helpful if I could get referral from you guys.

I am ready to take remote jobs & even relocate to Bangalore or Pune.

Thank you!

like

Any roles within Big 4 that would hire with no degree? Could be anything - doesn’t have to be consulting. Asking for a friend! TIA!

If you know a law firm offering 100% remote Associate positions please comment below. Thanks!

like

What metrics do you use to gauge your health? Don’t see a doc nearly enough and given the lifestyle curious to know what folks track

like
like

Any other 60 yr old unemployed life long techies out there? I have to admit, being unemployed at 60 is a bit expressing. I've started a couple business that went no where. And freelance isn't as easy as I thought it would be. I welcome your comments

like

If you had $5k to spend on courses or professional development, where would you spend it to maximize ROI in terms of PM career trajectory or building useful skills?

I'm curious to hear answers in general, but can provide more specifics about my current role/skills/aspirations if needed.

like
like

Additional Posts in Salaries in Finance

Does anybody know what the typical salary range is and total comp for someone starting out as an internal or external wholesaler? If you are one of these, can you share about your experience in terms of whether you liked it or not, work life balance, travel, etc?

like

Is anybody here a notary? And how much are you making from that? Is it a potential side-hustle?

like

Currently a Wealth Advisor for Citi but I honestly hate it here with a passion it’s the worst company I’ve ever worked for in my life and I’ve been in Wealth Management in the banking channel for over a decade. Series 7, Series 63, Life, CFP, ChFC, and soon to have my MBA with a focus in Mergers & Acquisitions. I’m look to enter another area of Finance at this point instead of starting over somewhere else from scratch, but not sure what direction to go. Interested in Investment Banking or M&A.

User experience mgr salary? I support six product teams and eight reports. 20+ years experience

Curious what’s a fair salary in MA? Was just told that there is likely not going to be a chance for a raise during my upcoming performance review due to my salary already being “above average for the industry” based on my employer’s questionable research. I’ve been with the company 8.5 years & am the only one in my role, which they can’t operate without. I execute tasks from two investment advisors and two financial planners - they make the decisions of what should happen & I make it happen.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal