Is this offer good for someone with 7 years of consulting experience and at the senior Principal level (2 years away from MD). It’s at a pre-IPO fin-tech: $270K base, 30% bonus, $165K equity = $515 total comp. Issue is I make a little more today and all in cash so staying pretty flat- but am looking to leave consulting.

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

Is this Plaid?

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Or Stripe?

What are your living expenses / savings? IMO this decision depends heavily on 1) your ability to meet living expenses with the new cash comp and 2) having a safety net / established nest egg for retirement. If you’re comfortable with these conditions, then maybe it’s worth it to take some risk with that equity comp if you think the prospects of the company are good.

Btw - what firm are you at that you make $515K with 7 YOE?

A1 that’s incorrect. Your bonus amount is low and you’re missing the partnership profit sharing component of another hundred K…

If you’re trying to leave then take it. It’s fine

Presuming you've got an MBA and are at ~10 YOE now, yes, $515k is an excellent offer...

It’s a tough decision. Are you with MBB? If yes, then I will stick it out for a 1-3 years, make md and then make switch at cxo level. But also, it will depend where u r going. Would u mind sharing the details of future firm? How old it is, revenues, number of people etc? There is a chance that things may not work out in a startup, so staying at MBB may be better. I did something similar and left consulting for FAANG.. similar comp range. happy to talk over dm.

Have you tried negotiating. I feel equity is the easiest thing to increase

Not yet but that’s my plan to ask for more equity

Also, never swap cash for equity if the value is same.. Looks like u r taking a 50% payout. Remember equity has no value until an Whitt event - ipo or acquisition.

Agreed if you are joining a startup at an attractive entry point and you have a good understanding of the product and market you should always take min cash and max equity to maximize your exit.

Source: Personal experience

At MBB You become MD at 7 years??

OP already said post MBA…

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You have 7 YOE and got this offer? Damn I would take that in a heartbeat

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