| Topic Name: |
How many options? |
| Message Name: |
what can I get? |
| Date Posted: |
03/29/2000 |
| In Reply To: |
What I can except in terms of an option package. I'll be talking to a small but promising (solid business plan, recently launched, well funded) start-up with under 20 employeees.
I'll probably be coming in at the Manager level. Currently, I am at a top tier internet company that is public. I was there pre-ipo and am partially vested. I came to my current job when we were already a player with 200+ employees so my current package is relatively small 5,000 shares.
I am looking for significant upside in order to make a leap. What is realistic getting into a new company early in the game. 25,000, 50,000 100,000 shares???
Are there any guidelines for this? Please help and I will share my feedback.
Mark |
| Message: |
There are a lot of questions that need to be answered first. How many outstanding shares are there? That is the first question- 50,000 shares with 2 million outstanding is a lot better than 100,000 shares with 10 million outstanding. There isn't any formula for it, should you ask for a %?? No, not at a manager level. Who owns the company? Is it 2 people, or are there several investors already? You can talk about it all day, but you really need to have a few questions answered before you ask for a specific number, or get turned on or off by a number that might be misleading.
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