Bro it is 9.5 dollars as of now but company is not doing well and CEO Jay vijayn is not sure when they have another round of funding and can open buyback for employees.

It also depends upon the exercise value that is generally 3.7 dollars so it's approx 5 6 dollars

Software Developer

I've received an offer from Tekion for an SDE 2 role where they are giving me a total of 6000 stock units, but actual value of these stocks is not mentioned. It would be really helpful if anyone wo...

I've received an offer from Tekion for an SDE 2 role where they are giving me a total of 6000 stock units, but actual value of these stocks is not mentioned. It would be really helpful if anyone working there could give me an estimated worth of these ESOPS.

Tekion ESOPS value

Software Engineer

Tekion ESOPS value- Grapevine

Welcome to Product Managers's Private Community

I’m expecting an offer from Tekion soon for a SDE 2 role. Just wanted to get the range of their SDE 2.

Current TC: 14 (fixed) + 2 (performance)
YOE: 2.8 (including 1 year internship)

I have an offer from Meesho (but SDE 1 role) as well where fixed is 21 and 18 ESOPS.

How much Tekion pays to a SDE 2?

I have recently left Tekion and was considering executing my ESOPs. For executing my ESOPs I need to pay around $3.5 per esop to the company. Should I convert my esops to equity? Am looking for some advice from the folks who might have done this in the past.

Tekion ESOPs Execution

Hey 👋  
  
 I have worked with a lot of my clients who own ESOPs. 
  
 Some points to consider in your case: 
 1. Tekion is not a listed company. Finding a buyer for the shares will be difficult. Considering this, Are you comfortable holding the shares till IPO? 
  
 2. Tax: You will need to pay tax at the time of exercising ESOPs. Again, are you comfortable with paying tax upfront?  
  
 3. If you wish to sell shares through brokers, check if company has right of first refusal. This way, you can a good deal and sell the shares to company (prior to IPO).

Product Manager

Welcome to Software Engineers's Private Community

Hi Everyone I got an offer from Tekion corp, Bangalore for SDE-2 role.

Fixed- 22 Lpa
Bonus- 2 Lpa
RSU- 6000 Unit
Total TC Offered - 24 LPA (22+2) (Not considering stock option for now as its value is 0 as of now)

Yoe - 3.7 years (almost 4)
Current company am working - A product based startup organization.
Current Tc - 15 Lpa (all fixed)

Please review if anyone have any idea regarding it and is it worth considering Tekion among this market scenario?

I maybe part of the parts team so please do review that too regarding work life balance for parts team at Tekion?

 #Tekion
#TekionCorp
#SoftwareEngineer

@Tekion

Offer Review: Tekion Corp

Welcome to Indian Startups's Private Community

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

is dream 11 a good company to work at? i am looking out for opportunities for engineering positions. it looks like the pay and benefits are really good (good pay + proximity allowance). 

please help with the details specifically on work culture, leadership and work life balance. 

i would really appreciate reviews from current employees in the engineering org. thanks in advance.

company review: dream11

Welcome to Office Gossip's Private Community

Hello all! 
I am working as HR Head in a growth stage startup in Bangalore. So many people here talk about compensation, culture, growth etc. Happy to answer questions related to HR/Culture/Startups.

People & Culture 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

What is a fair ESOP to Cash Component ratio in the CTC  for a product manager with 3-4 years of experience in a start-up at $20 mn valuation, at series A?

ESOP allocation

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

I have worked in a startup which gave me ESOPs. I left the company and they have passed on to me my share of vested ESOPs in zenequity.

Do I need to mention this while filing ITR? Do I need to pay tax on it?

ESOPs in ITR

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

I’m currently interviewing with cars 24 and expecting an offer from them by this week

The rough numbers given to me are 
base: mid 40s and 10% variable bonus (overall comes around near 50LPA)
(There is no other component apart from these)

I need help with the following:

1. HR told me they don’t give ESOPs etc. I just wanted to confirm if I should negotiate on this because on Leetcode I’m seeing they offered joining bonus as well as ESOPs.
2. If anyone can give me details around any recent offer from them and the components they got in the offer, it would really help


My recent TC: 36L Base
25L esops per year
Total workEx: 4 yrs
Education: Tier 1 CSE

So this is like taking a pay cut in terms of overall TC 

(Catch is I was laid off and I need this offer for the worst case scenario)

Cars24 Offer Review and Help

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.

Tekion ESOPS value

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