What is the typical equity grant for a PM joining a series a startup? New team being built from scratch. Profitable and on track to a series b raise next year.

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

Well, you’re not founding team. Meaning you weren’t there very beginning. So you’re likely not going to get more than a percent of the company.

On top of that the company is already profitable and the job market is kind of tough. That means that they don’t need to spend equity to hire.

I think your best bet is to look at TAM and get an idea of a likely exit for the company and at what price. Tell ChatGPT about it to get this imagined scenario and timeline. Then at least try to understand what percentage of the company you’re getting when you get your equity offer. They do this by telling you the shares and outstanding shares. Ask what kind of stock you’re getting and if it will get diluted over time.

A good offer might be about a quarter of a percent. (At least at a B2B startup which I know more.) For B2C the user base and exit can get very big depending on TAM. So rules might be different.

Most companies won’t tell you how much stock they have in the pool. But the way you can counter this is essentially saying that you wanna take the company to be becoming $1 billion company or whatever. And that you want a meaningful amount of stock to go along with it. If you have any negotiating power and you’re really good, you may be able to get away with a good offer with high transparency.

Related Posts

Hi all! I work at a nonprofit and am looking to leave the organization. As I browse available positions in my area, I’m realizing there is a LOT of crossover between my current org and others, for example shared board members, folks who are on our board and employed at one of the institutions I’m interested in, etc.. Is there a way to say “my current org doesn’t know I’m looking, so please treat my interest with discretion” that doesn’t raise red flags? Thanks!

like

Hi, when is promotion list announced in Ey , is it july month? Can anyone share insight on this

like

Hi All,
Promotion letters are out for C2 and C3A

Hello, I am in USI GES tax at DUSI. I love my job but not my team and mgmt anymore. I'm a performer and I'm dumped with work of 2 ppl while others are searching for work. I am burned out.

I resigned and accepted a job with EY GDS with a huge pay bump that DUSI can't match but I also gave up my potential promotion for 2023.

I've been feeling bad about putting my papers down and letting go off my promotion but I am really tired. I took up this job as an escape.

Did i do the right thing?

like

I was just asked to relocate to a different city. The move will come with a raise and promotion, but I'm conflicted. I enjoy where I live right now and I like being close to my family. Would love some advice.

likehelpfulsmartuplifting

When’s the best time to go client side? Wait till I get a promotion or try to switch sooner rather than later?

like

For getting promotion who take the main decision? Manager, Supervisor or HR?

like

I got a job offer but it's 3k less than the low end of my happy range. But there will be a review in 6 months with the potential for a raise. I'd rather start at the low end of range. What is the best way to ask for that??

like

I am a personal injury attorney making 79k with ability to keep 40% of anything I settle, bonuses for originating work for the firm. I am 1.5 years into practicing as a Plaintiffs PI attorney - I have a review coming up - suggestions on what I should ask for as a raise. I’ve settled a couple cases and working on a third settlement. I’m new to the practice area but cannot get a read on whether a raise is coming at review - nothing but positive feedback from both partners I work with, but doesn’t

like

Senior engineer making 135k and I was offered a promotion to engineering manager after completing a development plan. Near the end of the plan and I expect compensation talks to start soon. Based on some research around Boston and my role in the company, I feel 165k plus 10-15% bonus is fair. Nonetheless, first time going through something like this and asking for thoughts and comments. Thanks!

like

For a top Producer of 3 years, is it appropriate to now ask for a raise in my base pay? Base was 42,500 when I started, but now inflation + 2 children later the base pay barely gets me by. Any thoughts are greatly appreciated!

like

Read that McK is paying 2K higher than BCG this year which means BCG will probably raise again next year to at least match. However, they can’t just copy McK with 2K to match because that would look bad so they’ll have to beat it again. Then McK and Bain will follow. Barring a devastating recession, I’m guessing this means MBB is all getting raises again next year?

likefunny

Hi JPMorgan Chase

I got mid year promotion to a 601 level. What can I expect in terms of hike and bonus in the year end?

like

Hi All,

Current salary - 21.4L(base - 21L, variable- 40k)
New offer- 30L(base- 27.7L, variable- 2.25L)

Note: Due for promotion in Dec, will probably get 10% hike.

Is it good to switch from CGI(chennai) to coforge(bangalore)?

YOE- 15 years
Tech - AEM

like

I finally got a raise (after 10 years) from 45k to 50k with less than 10k in incentives while others who are just starting at lower positions make more than me..I want to bring this up but don’t want to come off in a bad way considering they finally gave me a raise this year.

like

Need some feedback! So I was forced to move jobs about 6 months ago due to reorg and the new leader opting to bring their existing EA with them, without even meeting me. If stayed at the company but accepted an offer for a job outside of the department I was in. I’ve now been asked by a manager from my old department to apply for a job they’re opening that would be a 2 step promotion. She thought she got my managers permission to approach me (see comments)

like

Currently an SFA 4YOE was in audit for 2 years. Should i move to a Senior Internal Audit postion which would give me a 40% bump or just stay another year and apply for manager postions next year. Which would probably give me a 40% raise as well - but thatd be next year.
Current job is great in Regards to team and work life balance. Don't mind being in internal audit but not sure of career trajectory or work life balance. Would I need to stay in internal audit later?

like

Seeking recommendations for electric & gas industry/professional association activities to network, raise visibility of our company.

like

Have anyone started getting promotion or hike letters in EY GDS

like

How long did it take you to receive your first promotion? I have 3 years of work experience, currently at my 3rd agency, and third associate position. Four people on my brand team have been promoted (across levels and departments, but none in PM). I'm getting sick of being pumped up with empty praise if others are actually being rewarded with accolades.

like

More Posts

Those in Orange County, senior or manager. Anyone interested in Capital group? They are in Irvine and hiring.

like

How is Data analytics at PWC gurugram office? or PWC india in general.

YOE- 2years - What can I expect the ctc to be?
Current CTC- 9.5 LPA

like
like

Jr–mid copywriter openings in NYC?

like
like

I learned so much about group work over the past few days. I now know to assign kids tasks in a group. I am planning a Socratic Seminar for R &J and Julius Caesar. Any insights or feedback?

like

iPhone X 64gb resale value in 2 years??? Assuming excellent condition

like

Can anyone recommend any online courses to learn Alteryx? Preferably something affordable. Thanks!

like

What’s the best source of free CPE?

likesmart

Anyone out there working at GT or RSM? NY or Long Island office? How is the culture there? Rumor has it GT is just like big 4 and RSM has too much of small office vibe.

like

Is the CFE pretty easy?

likefunny

Anyone works in the valuations team at RSM? How is the west coast team? Looking to apply.

like

Associate development manager salary in Accenture,
YOE - 9

like

Hi everyone,

I have got the ey hr mail stating i should provide him with aadhar card, information sheet and latest resume for a audit and assurance contract for 6 months as iam a semi qualified CA.

Here my question is should i take this opportunity. Cause since this is only for 6 months. After that, what i can do, where should I try to get the job?

In mid size firms, people won't pay as much as big 4 pays.

Should I take it or am I making a mistake by taking this.

like

Lowe's What’s the salary expectation for analytics lead at Lowe’s?
YoE 5
Current ctc 18
Lowe's

Could someone learn acting without attending formal classes?

like

Every time I upgrade gear, I save the old one “just in case”. I now have a mountain of dusty gear I can’t bring myself to get rid of. Does anyone else have trouble letting go?

likefunny

Plaintiffs lawyers, we are looking to hire. What do you pay your legal assistant? (Please include state/ city and their years of experience and how many attorneys they work for) thanks!!

like

For Deloitte India, Manager level how many references are required to be submitted from the previous organisation for background verification (bgv)?

like

Additional Posts in Product Management

Is building a personal website using Wordpress a good way to stand out as a PM candidate (junior) or is it better to code it from scratch? - I have some coding knowledge but mostly concerned if hiring managers would care.

like

Please share your best tips/process of building and prioritizing product roadmaps. Any templates or resources will be super helpful too.

like

I'b be working closely with CEO on b2b marketing of our product. Any inputs on b2b marketing from PMs? Fundamentals?

like

I work with a junior PM who is not performing. Not my report, we share a mgr, but as a senior PM I lead the product. He can’t finish anything, needs a lot of coaching, I give him 2h/wk but I can’t afford more.
After 2mos I raised it to our mgr who promised to work with him. 2 more mos passed, mgr talked to him only once, no change in perf. I think mgr doesn’t want to deal with the problem. Now they ask if I want to manage JPM. It is going to be a ‘no’ but I want to ask some advice on all this.

like

Are there any product people who work for Slalom in this bowl? I’ve heard good things about how they handle work/life balance. Wondering if the hype is real?

like

I’m currently a PM in a startup in Greater NYC area looking for other opportunities. Any insights or advice on what salary/compensation expectations I should have with 2,5 YOE in this area? Any guidance would help. Thank you!

like

As a first time PM at a company with no PM structure, I’m finding it difficult to learn good practices and bring myself to “the next level”. Has anyone here had a similar self taught start that made the break through to become a solid senior PM? Anything will help, books, etc.

like

Any one recently joined Indeed? Want to know if Indeed asked for a reliving/experience letter from the previous employer. I am joining Indeed in July. I am going through a rough patch with my current employer, ever since I put in my notice 🤦‍♂️ Its got to the point of them threatening to not provide a experience/reliving letter…
I can provide references and recommendations. Before leaving, I just want to ensure that I am equipping my successor to take care of my product and build it further…

like

Hi! I've worked as PM/Sr BA/PO in the past, have 5 yoe. Then was called for military active orders for one year, and now trying to get back into the civilian world. I'm looking for product management jobs in Irvine, CA or remote!

I have a product manager interview with PwC next week and was wondering if anyone had any tips? I heard the interviews at Consulting firms are a bit different. Any advice would be greatly appreciated! Thank you!

like

How does this Amazon offer look for an L5 non-tech PM role in Seattle? I’m coming in with 2 YOE as a startup PM. No MBA.

$130K base, 20 RSUs, $45K sign on over 2 years ($25/20). 1st year TC $160K.

It was extended before the recent announcement that TCs are going up but I don’t know if I’d be impacted regardless.

like

With product design questions, I struggle to identify user groups. Once I do everything starts flowing and I’m confident. But the initial identification of user groups is something I find challenging. What’s your go-to way of doing this? For example, the question “design a podcasting app for truck drivers.” What types of truck drivers can I select so that I can prioritize a user group to focus on and begin identification of pain points and solutions?

like

Anyone moved from Product Management to Product Marketing? Pros, cons, regrets?

like

Is 30k bump in pay worth the move from a large bank to a series D start up?

like

Hi! Anyone from Tesla or know of Tesla salary structure for Entry level Product Manager? Thanks!

like

For all the 🐠 that switched from consulting to product, which role provided you with more tangible skills? I know I’m making some broad strokes here, but thought it might open other discussions as well

like

Anyone use air table for PM? Looking for pros and cons. Thanks in advance!

like

I'm being asked to be involved in product pricing for the first time, and lack any knowledge or experience in that area. Any suggestions on courses or books or websites? I'm considering the Pragmatic Marketing pricing course, so would be interested to hear from anyone who has taken it.

like

Are there any good books to read from a start up perspective? I’ve reading the lean start up but would like some other recommendations

like

A colleague told me today that Google separates Product Manager and Product Owner as two separate roles. I believe that one PM role is preferred in the industry and most modern software companies, especially FAANG companies, only have PMs. Just curious what others have experienced and if I'm correct in my assumption.

like

Would would a senior product manager do over and beyond a product manager. We don’t have any seniors at my startup and I’m trying to figure out what I need to do/achieve to get promoted. Any advice would be much appreciated.

likesmart

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