tootall
Joined 11 years ago
Joined 11 years ago
I'm absolutely also going to get in touch with HR and also get a proper tax accountant.
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)
Sorry for the shameless plug, feel free to downvote if not appropriate!
If I might ask, what kind of enterprise software can generate that much profit from a one-man shop?
Thanks
I thought about asking here because it's not the first time HN saves my "life" by providing proper perspective on important decisions.