Re:Hard Truths about Equity
by sokoloff on Wednesday December 23, 2015 @01:14PM
(#10784674)
Agree.
> suggest to trade the equity portion of the offer for the cash value of the options (in addition to the advertised salary). Good luck.
I was explicitly given that choice (in three packages, high/med/low options count in exchange for offsetting increase in starting salary). Being "smart", I took the salary and low options and that was a poor choice in retrospect, given that we IPO'd 2.5 years later and my salary now would surely be the same regardless of the initial choice.
I don't know how common it is, but it's absolutely doable and done. (I suppose you could argue whether the company I joined was early-stage or not.)
> suggest to trade the equity portion of the offer for the cash value of the options (in addition to the advertised salary). Good luck.
I was explicitly given that choice (in three packages, high/med/low options count in exchange for offsetting increase in starting salary). Being "smart", I took the salary and low options and that was a poor choice in retrospect, given that we IPO'd 2.5 years later and my salary now would surely be the same regardless of the initial choice.
I don't know how common it is, but it's absolutely doable and done. (I suppose you could argue whether the company I joined was early-stage or not.)