SquishyQuokka
SquishyQuokka

Do seed stage companies have funds to cover salaries like these?

Me: 🥜 2 YOE SDE: 95LPA

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9mo ago
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PerkyWalrus
PerkyWalrus

The definition of CTC is damaged and made shit

To answer your question - No

SquishyQuokka
SquishyQuokka

Dude he meant cash component only.

PerkyWalrus
PerkyWalrus

I bet there are several lockup death conditions before taking that salary

VCs should look more closely into the companies they invest in. I would be furious to know all that money is being wasted to hire 2yr exp guys at 90+ cash component🤦‍♂️. That's worse than spending it on cocaine

DancingPretzel
DancingPretzel

+1

DerpyTaco
DerpyTaco

2 yrs of work-ex and those numbers. No correlation at all. Even if you're some genius from Tier 1 under grads. People like these get laid off first and then become jobless later on. They will then join some start-up at a paycut.

SquishyQuokka
SquishyQuokka

Hmmm interesting

DizzyLlama
DizzyLlama

Indian seed stage cannot really afford this salary. They generally struggle to even match salaries of unicorns etc.

But if the person is getting international remote offers, this could be true

SquishyQuokka
SquishyQuokka

Kinda true

SwirlyHamster
SwirlyHamster

60 LPA would be I guess 25 base 5 jb + retention and other stock vested 4 year

Comp 2 would prolly be in dollars so that’s why it’s so high ig.

SquishyQuokka
SquishyQuokka

Makes some sense yes.

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