SquareRoot

Is this offer good enough?

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?

14mo ago

Kafkaa

InMobi14mo

Base is okayish for 2 yoe (can definitely ho higher) Esops are really low. 1L that too over 4 years doesn't make sense.

SquareRoot

Stealth14mo

Thanks bro.. can you share how much should I ask for ESOPs?

Kafkaa

InMobi14mo

Depends on existing ESOP pool since it's a seed stage. It should be minimum 5L according to me.

LostSenate73

Unemployed14mo

Bro is just flexing at this point. I've not heard of a single person getting paid 21L for 2 YOE.

SquareRoot

Stealth14mo

Bro genuinely asking. What would I get in flexing. I specifically mentioned Fintech as in fintech I generally see salaries on Higher sides. I know a company that gives 20L-22L base in on campus offers

BearBear

Stealth14mo

Bhai company ka naam bata nahi sakte ho samjhta hu bas Aisa hint dedo aur initials ki samjh aajaye. Mai bhi koshish kar raha hu switch ki kuch months me. All the best

Elon_Musk

X.com14mo

1L esops? Tell them it's imaginary money so to give you more imaginary money atleast

SquareRoot

Stealth14mo

Lol

twoWrist

PhonePe14mo

Is it remote or wfo? Considering your experience it's good, but u can always negotiate as more money in bank never hurts 😛

SquareRoot

Stealth14mo

Actually wfo (not even hybrid). I don't think they will entertain negotiation but I want to try. I think my interviews and interaction was pretty good. Are ESOPs value good enough? 1L for 4 years is kinda low? Don't you think?

twoWrist

PhonePe14mo

Never rely on that paper money but yeah it's quite low

FunnyBones

Plivo14mo

21L base itself would put u in top 10% for ur yoe. So go for it

SquareRoot

Stealth14mo

Thanks bro

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