Crypto Startup Offer
Hey guys! I've been in the procedure with a crypto startup (<3yr established) for a while now. The work looks awesome and the vibes are good.
However, we also have to think of our livelihood as engineers. And I've found their offer to be, quite honestly, almost insultingly low considering that I have close to 10 years of experience and would have to move to Amsterdam from a cheaper city.
The full package is something like: 65k salary, < 1% equity (off ~750k valuation by my rough estimations), and some performance-based bonus with no indication of how much that would be in % of the base comp. They promised excellent cash and stock compensation, this sounds like anything but that.
What do you guys think of this? How would you approach it? Is it even enough to get by in AMS without pinching pennies? Should I approach the equity component as potentially going to zero as far as negotiations go?