ZippySushi
ESOPs
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?
32mo ago
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FluffyNugget
Plivo32mo
Weird flex but ok
QuirkyPotato
Freshworks32mo
Not enough imo. At that liquid pay in Series B, you can surely ask for 100% of that in equity.
GoofyDonut
Stealth32mo
This. Series B means exit will on an average be 2-3x. You can negotiate for more.
Khoka base pay means director level at least, you should be having more of your compensation in equity
PerkyWalrus
Stealth32mo
Which company and profile? 😵💫😵💫
MagicalTaco
Blume Ventures32mo
You should atleast look for 1 cr esops
GroovyBurrito
Sprinklr32mo
It's too low imo
GroovyMarshmallow
Stealth32mo
Might reject take bigger chunk from esop pool ask for 60l esop. Also depends on valuation but always take a lot of equity for yourself if the shit hits fan sell it and exit
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