| Topic Name: |
Stock Options at pre-IPO company |
| Message Name: |
Some advice |
| Date Posted: |
09/28/2000 |
| In Reply To: |
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. |
| Message: |
Probably the biggest reason why you might want to consider moving is because although your base will be lower, you will most likely have a much greater impact on the company as a whole. But, that is a pretty big cut in salary. Going from 80+ to maybe 65-70 might be worth it, but that offer is too low. The way the market is now, if you were able to get an offer here, you'll be able to get an offer at a very similar firm, where if there is a salary cut at all, it won't be as drastic.
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