Received an offer today after 7 months of grinding as an independent agriculture consultant following company wide layoffs in December (week before Christmas).
I am currently cautiously relieved and very excited.
This offer is a little different than I have had in the past and was looking for some insight. Salary and general benefits are exactly where I was hoping to be when I was looking over a year ago prior to the layoffs. However, since this is a start-up I am being offered equity for the first time ever.
How does this work (other than the vesting process, them being worthless if we go out of business, etc)? Specifically, how do I assign a value or find out how much is being offered as options to other employees? If there are 100,000 vs 100,000,000 shares out there, I would think it would make this a less important part of the offer.
I am currently cautiously relieved and very excited.
This offer is a little different than I have had in the past and was looking for some insight. Salary and general benefits are exactly where I was hoping to be when I was looking over a year ago prior to the layoffs. However, since this is a start-up I am being offered equity for the first time ever.
How does this work (other than the vesting process, them being worthless if we go out of business, etc)? Specifically, how do I assign a value or find out how much is being offered as options to other employees? If there are 100,000 vs 100,000,000 shares out there, I would think it would make this a less important part of the offer.