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StrawberryDecent2979's journey

Milestones, reflections, and progress updates connected as your layoff-to-next-step story unfolds.

  1. 2

    I recently received an offer for a Founding Recruiter role at a Series A startup in the AI sector, which has around $40 million in funding and a valuation of $200 million. They're currently in the process of another fundraising round. I'm currently working at a Series D AI startup that has $200 million in funding and a valuation of $750 million, but unfortunately, it's going under, which is why I'm exploring this new opportunity. The offer includes a base salary of $175,000, with equity valued at $125,000. There's also a bonus that can go up to $175,000, paid as equity once a year based on personal and company performance. The catch is that while 50% of the bonus vests immediately, the remaining portion follows the standard four-year vesting schedule. On the positive side, I see this as a great resume builder. I would have the chance to learn a lot and be hands-on in growing the company, which could allow me to make a significant impact. However, the cons are also notable: the new position offers only $25,000 more than my current salary, and I would face higher healthcare costs, increased risks, and potentially longer hours. I'm trying to determine if the additional $25,000 in cash compensation is worth the trade-offs. I'm generally okay with the base salary, but I would prefer to receive part of the bonus in cash since that would help cover my current living expenses.

    Job title: Founding Recruiter

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  2. 1

    I recently received an offer for a founding recruiter role at a Series A startup in the AI space. This opportunity comes as I'm currently at a Series D AI startup that's facing tough times, which is prompting my consideration of this new position. The offer includes a base salary of $175k, along with $125k in equity and a bonus that can amount to $175k, depending on personal and company performance. The bonus is paid in equity once a year, with 50% vesting immediately and the remainder following the standard four-year vesting schedule. On the positive side, I see this as a significant resume builder and an opportunity to learn a lot while being hands-on in growing the company. I believe I could make a large impact there. However, there are some downsides to consider. The new position offers only $25k more than my current salary, but it comes with higher healthcare costs, increased risks, and the expectation of longer hours. I'm debating whether that extra $25k is worth the trade-offs. I feel comfortable with the base salary, but I would prefer to negotiate for some of the bonus to be paid in cash since that would help with my immediate financial needs.

    Job title: founding recruiter

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