Oh wow, a staff software engineer with a 65 lakh salary and ESOPs! Living the dream, aren't we? Comparing with unicorns like Postman and Razorpay, your ESOPs might be decent, but remember, unicorns are mythical creatures.

Staff software engineer @ saas company with $200mn+ARR. $1.2 bn valuation (undervalued but a good thing for me)  Cash component  65lac (honestly I'm happy with it and not looking to get it improved...

Welcome to Indian Startups's Private Community

Staff software engineer @ saas company with $200mn+ARR. $1.2 bn valuation (undervalued but a good thing for me)

Cash component - 65lac (honestly I'm happy with it and not looking to get it improved) 

ESOPs - this is a bit tricky as I'm getting 6k units at $3.5 strike price ( I feel the company should be valued at 2x it's current valuation and with $7 price of one share I make 4 lac a year here when I exercise)

My question - How does the ESOPs compare with other comparable unicorn SaaS companies like postman, razorpay etc. ?

Advice on the offer

Founder

Advice on the offer- Grapevine

Welcome to Product Managers's Private Community

Work as the only SPM at a seed startup in SaaS. 
Salary is 45 lpa and 12 lakhs of ESOP over 4 years . 

Only PM reporting to the CEO and we have doubled revenue in the last 12 months I have been here and contributing . 

I think I got low balled on the ESOP , appraisal discussions are around the corner and I would like to increase the ESOP 

What is the an average number ? 
Have seen the product folks report and 30lps seems to be the right number .
Looking for other similar folks to advise

ESOP and Salary advise

Product Manager

Welcome to Business Roles's Private Community

I have 6 years experience. My current base/fixed is 60 LPA. (I also got a 5 lakh bonus and 5 lakh of my ESOPs vested this year making my total vested about 30 lakh. So the total comp is 70). 

I'm being offered a senior engineer position in an early stage startup (as part of the founding engineer team). They haven't given an offer yet.

Being early stage, the emphasis will most likely be on ESOPs. How do I evaluate this and set my expectations? (If I were to switch to a mature company, I believe the hikes usually are between 15-20%? How does this work for early stage startups?)

Salary expectation at early stage startup

Software Engineer

Hi everyone,

Recently I've been given an offer from a seed funded fintech startup. So I'm just wondering if it is fair enough. Please help

21L base + 1L ESOPs (vesting over 4 years)

YOE ~ 2 (Software engineer)

What should be my ideal ask?

Is this offer good enough?

Welcome to Office Gossip's Private Community

I recently cleared the interviews for a very well seed funded startup. I want to know how should I negotiate? HR has asked me to tell the expectations, how to benchmark it?

Also, how much ESOPs should I ask for? 

YOE-1.5

Salary Negotiation

Operation Manager

Hello guys,
I would want to know what is the benefit of getting ESOPs in an early stage startup?
The startup has a great team and working on a promising product. 
I have been offered a package with somewhat lower fixed component and somewhat higher ESOPs. Need insightful pointers here. TIA :)

Value of ESOPs in early stage startups?

The ESOP is a bit of a blind bet.  
  
 It's paper money that can get you a windfall if all goes to plan and execution, solution, pricing, market readiness amongst other things, all line up over the next few years.  
  
 I wouldn't take a pay cut in lieu of ESOPs.  Keep the real money real and the paper money as an outside bet.

Sales Manager

I am being offered 30% of CTC component as ESOPs (1 crore liquid pay + 30 lakh ESOPs). It's a Series B consumer tech brand. 

Are ESOPs still a thing? What should I do?

ESOPs

Product Marketing Manager

What is a reasonable ask while negotiating with startups?

Should I ask for a match or hike of X% over my TC/annum (52lk Base + 8lk Bonus + Rs30lk RSUs), or should I negotiate only over the Cash (Base + Bonus) component?

A startup I’m negotiating with is not considering the RSUs I have and is offering a 8% hike only on the cash component, and is throwing in ESOPs (paper money) instead.

What do I do?

Need help negotiating with a startup

Welcome to Personal Finance's Private Community

How much ESOPs can I ask from an early stage startup (incubated). Valuation is around 12 cr. 
I have agreed to take a 50% paycut on my fixed, but not sure about ESOPs. Please advice.

ESOPs doubts

Hi, I got an offer from a Series B startup and they are giving me 3000 shares of ESOPs vested over 4 years. Right now the value of each shares are worth $5 and has a potential to grow after new funding rounds this year. I feel 3000 shares is less and want to negotiate for more. 

In your experience can anyone tell me how much ESOPs (shares) have you received from new startups? And was it benefecial in the long run?

Any input is appreciated.

How much ESOPs should I ask from a Series B startup?

Analyst

I'm switching PM jobs from my existing company (Series E unicorn) where I had a good ESOP policy to a smaller company (just past Seed stage, raising Series A).

Weirdly, they're not offering me a proper ESOP package (vague figures, no useful $ values mentioned in the offer) even though the salary offer is pretty good. Company culture is good & team seems happy during my interactions.

Should I be worried? Any suggestions on how I can approach this convo with co-founder are welcome too.

Looking for advice on pay/ESOP at a new firm

Senior Product Manager

I’m considering joining as a founding engineer at an early stage startup who is just about to sign a $4M seed round.

They offered to match my current base and a $20,000 in ESOPs. 

When joining at such early stage companies, how should I think of ESOPs so that I can better negotiate. I’m banking on this idea going big and I want to get as much ESOPs as possible to maximise my returns in the future.

ESOPs in early stage startups

Welcome to Salary Discussion's Private Community

Staff software engineer saas company with $200mn-+ARR. $1.2 bn valuation (undervalued but a good thing for me)

Cash component - 65lac (honestly I'm happy with it and not looking to get it improved) 


ESOPS - this is a bit tricky as I'm getting 6k units at $3.5 strike price (I feel the company should be valued at 2x it's current valuation and with $7 price of one share make 4 lac a year here when exercise)


My question How does the ESOPS compare with other comparable unicorn SaaS companies like postman, razorpay etc. ?

A few people who are in advanced stages of the process and/or have offers from slice have been asking me whether it's a good idea to join.

My answer has always been consistent and I'm posting this so that people have more clarity.

Good folks are leaving in droves which is why they are trying to fill in some roles fast.

The company doesn't have a proper CTO, with engineering being managed by two people, one the head of analytics and data science being the 'people mananger' who is highly under-qualified for the job, and the second a toxic and borderline abusive character who is the 'chief architect'.

On top of that, there are some AHs from Bizops who'll do everything to blame you if things go wrong and steal credit if things are good, making your day worse rest of the time.

The critical Glassdoor reviews are totally true, and present points in an elaborate manner, while the few positive ones are clearly planted with 1-2 lines written for each.
Plus the company is suppressing many reviews with the help of community guidelines.

Your package might have a generous ESOP component, but it is bloated and the company is looking to raise the next round at a highly diminished valuation.

There are more things in life than a few lakhs of extra base pay, for your long term well being.

I'm speaking about it openly since I left the org for a better opportunity recently and I don't want people to suffer more.

Your mental health isn't worth a slightly higher base pay in slice

Slice is a known red flag. Stay away at all costs.

Hey folks, 
Got a full time offer as an APM and they offered: 
1. 10 LPA Base
2. 1 lakh Retention Bonus (will be given in the first month) 
3. 1 lakh ESOPS

Should I accept or negotiate for more? If I negotiate, which component should I negotiate and how much? 

Thanks in advance.

Advice on the offer

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