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Vault Message Board: Stock Options

Topic Name: Stock Options at pre-IPO company
Message Name: Advice
Date Posted: 09/22/2000
Message: I am currently at a Big 5 consulting firm. I have been looking for a position in an Internet-focused consulting firm, and was recently extended an offer. The base pay is low ($50,000 per year; I currently make $82,400), but there are options and a bonus structure involved. The company is pre-IPO. I am looking for a way to evaluate the options and determine if the base pay cut is worth the risk. I know that there is no definite thing, but this industry is not doing well right now either. Any experiences out there that could help me out? I am little undertain as to what to do. Also, anyone know a good place to get a primer on equity compensation models? Thanks.

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