Ask HN: Comparing a C-level equity-based offer to my salary-focused current comp
I feel I am at a new learning point right now as I am considering a C-level role for a series G startup I really admire.
Below is what my current package looks like today as well as what the initial offer of the startup company stands at.
Through my naive eyes it feels I would be falling short quite a bit in the new environment wrt compensation and taking on a lot of the risk (with an IPO/sale uncertain for decades)
My mindset is I would need to negotiate the offer quite a bit up with respect to base to make it feasible and more comparable. However, ppl more familiar in the startup industry consider it a moderate offer even against what my current package looks like right now.
Knowing a lot of it comes down to personal preferences, are there any individuals here that can give a rough qualitative assessment how they'd compare the two aspects and what negotiation items to potentially prioritize - happy to provide any clarification as far as anonymity is retained. Also, if there is anything missing I should make sure is clearly defined I welcome any input.
State: California
Current:
* President title
* 415k Base
* 10% average yearly bonus
* 10k yearly training stipend
* 10% discount on stock options
* 401k matching
* 80% travel
* 9mos severance
* Standard healthcare insurance
* 24 days of PTO + close between Christmas and New Year
New: * C-level title
* 300k base
* 50% target bonus
* Equity 0.0033 (200k ISO shares out of 60M)
* Traditional vested over 4 years
* Strike price 3.40$
* Current evaluation price $9 (550M)
* Limited travel
* 6mos severance after 12 months
* No 401k
* Standard healthcare insurance
* Unlimited PTO