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
At seed stage, it is often okay to ask for 1:1 cash:esop — it’s the norm as well since you’re taking a disproportionate risk by joining something at seed.
Considering that your comp is 45L, there can be an argument that you’re financially covered but you need to put your foot down & mention the improvement you’re bringing in and should get more esops + them paying you a higher comp is a function of them having more disposable cash to pay salaries & not reflective of the reward you should get for taking a risk and joining at a seed stage.
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 lo...
As a software engineer with 1.5yrs of experience, how much ESOPs shall I ask from a Seed funded startup. I am here since initial days of company.
Is it a certain percentage of valuation? What's the market standard?
Wondering whether 1.5x or 2x of base pay is high or low. Currently working at a fintech seed stage startup with 0.3x of base pay as ESOP.
