DancingBiscuit
DancingBiscuit

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?

26mo ago
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WobblyNoodle
WobblyNoodle
InMobi26mo

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

DancingBiscuit
DancingBiscuit
Scapia26mo

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

WobblyNoodle
WobblyNoodle
InMobi26mo

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

QuirkyBurrito
QuirkyBurrito

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

DancingBiscuit
DancingBiscuit
Scapia26mo

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

DizzyLlama
DizzyLlama

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

GroovyBoba
GroovyBoba

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

DancingBiscuit
DancingBiscuit
Scapia26mo

Lol

SleepyDonut
SleepyDonut

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

DancingBiscuit
DancingBiscuit
Scapia26mo

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?

SleepyDonut
SleepyDonut

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

FluffyNugget
FluffyNugget
Plivo26mo

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

DancingBiscuit
DancingBiscuit
Scapia26mo

Thanks bro

MagicalWalrus
MagicalWalrus
Okta26mo

Also, is your office gurgaon based?

DancingBiscuit
DancingBiscuit
Scapia26mo

No bro

MagicalWalrus
MagicalWalrus
Okta26mo

Is the company Cashfree Payments?

DancingBiscuit
DancingBiscuit
Scapia26mo

Nope bro

SquishyTaco
SquishyTaco

The base is good. If needed you can negotiate for ESOPs

SparklyNugget
SparklyNugget
Google26mo

Things asked in the interview??

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