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SALARY STOCKER

November 2nd, 2009 admin Leave a comment Go to comments

SALARY STOCKER

Bayarea startup salary and percentage stock equity?

Hi, I am a hardware design engineer in silicon valley with 10 yrs experience of IC design. Recently trying to switch job and wanna try out startups in bay area.

How much salary and % equity of startup company should I expect as STOCK OPTIONS (lets say joining after first round of funding) ?

Switching job after a long time so just wanted to make sure that I don't accept any low ball offer and am properly informed on offer letter figures before joining.

TIA,
Steve
didn't get any response so asking for help again :)


This is a very specialized area and not many at this site can help.

Very few of us live in the Bay area, and likely none of us are microcircuit engineers. I'm about as close as you'll get. I'm an electronics technician (several levels of education below you, obviously) and I'm also a CPA candidate, so the business side will not frighten me.

Your best bet, really, is to approach companies in the San Francisco area and just ask what packages they offer. You're qualified, really, to start your own company, as well. All you really need is to find an interest, get the equipment you need, find some distributors or marketing companies to partner with, and you get 100% equity.

You're on the cutting edge of innovation already, why not put it to work for you?

(There are also other areas in the country with booming integrated circuit industries, such as in Idaho right now. Nothing compared to Silicon Valley, obviously, but you're LEAVING the valley, so you're moving out of the hub anyway.)

If you need financial advising, wander into a Deloitte and Touche office. They are the largest CPA firm in the world and they handle the auditing of most international software and hardware manufacturers and suppliers, and they have consulting services.

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