Related Posts
Project manager salary in medisage?
How is BDO Rise interms of WLB and growth?
More Posts
Bain & Company Hi everyone, This is an Associate from ZS Associates with ~2 YOE What skills/courses does someone need to become financial analyst in JPMC, MG, Moody's, MBBs and so on ? Or Just to enter as analyst in these firms ? ZS Associates JPMorgan Chase Morgan Stanley Bain & Company Goldman Sachs Moody's Corporation
Additional Posts in Consulting Exit Opportunities
Enthusiast
Mentor
Have a formal offer at Citi for 120K as an AVP in the NY office. Currently making 92K at my current role where I feel there’s not much room to grow anymore. Is this a fair offer? I currently WFH pretty much full time at my current role which has been amazing, but it seems like Citi would require me to be there 2-3 days in the office per week - and this is something I’m very hesitant about. Thoughts on how to approach this?
New to Fishbowl?
unlock all discussions on Fishbowl.
Startups always have a dependency on how/if they exit. That valuation might mean nothing in 1 year time, your RSU might be diluted if the founders negotiate more funding in exchange for equity.
Having said that if you’re realistic with what you want to learn out the startup, it is a good experience.
For every unicorn, there are 100+ failed/underperforming startups
The $10B valuation may be way down by now (I’ve been at 2 startups with down rounds now) so I would look into that more closely. You could be signing at a loss. The chances of a startup getting a valuation higher than $10B is really tough. Ask them for more financial info and that’ll help determine that
I'm 99% sure it's up only because it's direct competitor that's public is up 3x since 2022 and it's not because of moat.
I know RSUs are paper money which makes this a tough one
Hold out until you can get a lager increase and give you the same WLB you love. Having a name like Nike on your resume is only good when you are there. Use it to get what you want. Unless you want a start up that may or may not make it then take that but start up lifestyle is very different!
If you love your WLB - then think if this comp bump is worth it or not, or wait out for a bigger base opportunity because no way the WLB will be same, so you might be making lesser for the effort. I am only talking base because everything else is monopoly money in that phase of a startup.
If you don’t have many financial obligations (in terms if job security), and don’t mind the hours of the startup or have an exit plan in mind about what you will gain from this role and where it will take you in next 2 years - then go for it. Congratulations either wayh
For Nike, are you remote or on site in Beaverton? Is the startup remote?
Startup is remote. I'm also remote but the company is almost entirely hybrid so a full remote company is a plus
Start up seems more appealing - it’s the same title - base is more appealing than the TC at Nike. Start up can be a lot of work but you’ll prob help shape a lot (and work hard too), with great bullets on your resume to leverage for a better position after (or you get promoted at the start up and in a few years are running the team + have tonnes of RSUs).
and you mentioned remote as well which is another huge plus
Treat RSUs as $0, have done the startup thing twice, and that value can get zapped away in seconds
Subject Expert
Take it if you like the work.
The equity at startups is fake until exit. That means you will see your income go up by $3k which isn’t much. However, the skills you learn at a startup are much more helpful at fast tracking your career. I say, go with the start up to learn and develop some new skills.
Can I get a referral to Nike before you head out? 😂
Seriously same applied at Nike a few times