I thought about asking here because it's not the first time HN saves my "life" by providing proper perspective on important decisions.
I'm absolutely also going to get in touch with HR and also get a proper tax accountant.
Hi,I am likely looking to leave (within the next few weeks) the startup I am currently working for, and go to one of the top 4 for several reasons.(Un)fortunately, the startup appreciated considerably since I joined 3 years ago, and now the cost of exercising my option + AMT tax would be around ~110k (I calculated the value manually and also used TurboTax to simulate the transaction, it turns...
I can guarantee you I'm no guru at all, I just have a solid understanding of distributed systems on top of average coding skills.
Anyway, I talked to the recruiter and have still been on the defensive side, so he just told me to share with him what's the number I'll need in order to stop this and just say yes, and he'll work with the financial department to see what he can do. I'm going to probably try to get a very mild increase after I hear what the other companies have to say, but it's definitely good to know I can't overly milk the cow
The problem is that, while my current startup is "imaginary" money compared to RSUs, the business is going very strong, we have multi million dollar yearly revenues so I'm not at a point where I consider the options as a huge gamble. It's very likely that they will retain a significant value.
Also notice that RSUs are 300k over 4 years, so effectively 75k a year: is 75k a year "extremely high"? I was under the impression that several employees at google and similar usually double their yearly compensation with RSUs, every year, which means RSU grant = 4*base salary (e.g. 350k a year total comp)
Hi I was lucky enough to pass the standard software engineer interview with 3 of the top SV tech companies (think Google, Facebook, Apple, Netflix, Amazon). I have about 7 years of experience (some titles held: Software Engineer, Tech Lead, Engineering Manager), and the various recruiters handling my case said the feedback from the various interviewers was generally on the strong/very strong...
Sorry for the shameless plug, feel free to downvote if not appropriate!
HiI was lucky enough to pass the standard software engineer interview with 3 of the top SV tech companies (think Google, Facebook, Apple, Netflix, Amazon). I have about 7 years of experience (some titles held: Software Engineer, Tech Lead, Engineering Manager), and the various recruiters handling my case said the feedback from the various interviewers was generally on the strong/very strong...
Hello HNI'm a "typical" software engineer working as a team lead in SF for a small startup. Reading a few threads on salaries, it seems the average compensation in the area for software engineers (employees, including salary and various bonuses and excluding startup stock options) is capped at about 200-250k. A smaller pool of employees is also able to pull in more (250k-500k) by working for...
Hello HN and happy Sunday,I joined a startup two years ago as the very first non-founding engineer (right after the seed round of about 1.5M). I took a salary cut for a bit less than 2% of the company (ISOs with the usual 4 years vesting schedule). Now, two years later, I'm halfway through the vesting, we got a pretty big series A, and now my salary is market level-ish (170k) and I currently...
If I might ask, what kind of enterprise software can generate that much profit from a one-man shop?
Thanks
In my 8 year professional career as a software developer I worked in a big corp, a late stage startup and a very early stage startup.In all the teams I worked with I always found a good amount of members (senior and quite good at their craft) who constantly work overtime, by pushing code and sending emails at night and during weekends/holidays.I have always been more than willing to work nights...
As I said in the previous comment, it doesn't really matter, since I want to solve the problem primarily for me by minimizing the costs, so my current problem is adopting the best technology, marketing is orthogonal for the time being.
- I'm not doing a preliminary marketing research because, in the worst case, me being the only user of the service would be enough, since it's a real problem that I'm facing
- Pricing: I was totally guessing, it would not be an application the user would have to interact a lot with and there will just be a fairly low amount of background jobs, so I don't see the pricing go much higher than that, but then again, me being the only user of the service and using it as a portfolio project would be already a great goal
HiI was revisiting my personal list of "passive income" ideas, and I found a problem that I could solve by creating a very small SaaS product.In my full time job I'm a core backend developer and devop so I'm pretty familiar with that part of the stack.The business logic of this idea is well defined in my mind and I absolutely would just love to start writing the classes that implement the...
Hello,A bit less than 2 years ago I joined a software startup in SV as one of the very first employees, right after their seed round. At that time, I got ISOs for ~2% of the equity pool. This amounts to about 100000 options with an exercise price of 0.20$. The seed round was 1M with a post-money valuation of 5M. The vesting schedule was the typical 4 years with 25% cliff the first year and...
HowdyI joined a startup ~2 years ago as employee #2 (software engineer), and thus I've had the responsibility of essentially building every technical aspect of the company from the ground up, which I loved. Now, the company scaled up (about 45 people) but, instead of being happy, I feel like everything's been taken away from me:- Technical strategy: I strongly shaped the technical direction of...