Wow some comments on this thread are way too weird. Don’t understand all the anti-MBB, “How are you only making this much”, “you are from IIT-IIM think yourself” etc etc. Bruh - if you don’t have anything positive or helpful to add, why not keep the negativity and jealous wittiness idk what even to yourself?
Anyway, coming to your question:
If you have 2 YOE post MBA I am assuming you are newly wed. Family time is important. I don’t want to climb aboard any of the trains “Mumbai is better” or “Bangalore is better”, I’ve lived in both cities, and they both have pros and cons - and I think for most people and in most scenarios both are okay to live in.
Here is why I would chose option 2:
- More family time + wife does not have to face trouble
- Overall, you two do not have to move to BLR and hustle for housing, etc etc
- I assume you are living on rent in Mumbai, 35-37 LPA here vs 40-43 LPA in BLR; okay there is a 5-6L rs difference but honestly that is not enough to let go of pt. 1 and 2 [it would not matter to ME, plug in your opinion when considering this point]
And, this is why I would chose option 1:
-
~6 lacs of extra income for you (assuming rental ~ same for both cities)
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If you prefer work from office setup + meeting your team mates etc, ngl for a lot of people it is very important to know and meet people they work with
Finally, I would also consider screening both startups, the above “selection criteria” assumes both startups to have a similar risk-return profile.
You should:
- Talk to current and ex employees to know more about the company and work
- Get to know about the founding team and founders - whats the mindset at the firm?
- What is the outlook of the company, the sector, the sub-sector? [specially if you want to stay long and make those ESOPs count]
- Does your mindset, “WHY” and goals align with the startups - will you enjoy the work?
My two cents on the topic - personal opinion ofc - cheers.