PE to VC - Help me assess this equity offer in the compensation package
I am offered a 4% "equity" vested in 4 years. Since I am getting my info from a mediator, it is not clear if the 4% is at (1) VC level, (2) carry amount (not equity in this case), or (3) portiflio companies level (Although I expect to help establish some PortCo, this could be too much money if true)). Also I am getting a fixed salary that is -40% of my assessed market value (they have a budget for analyst).
It seems that most of my work in the first 2 years is entrepreneurial/accelerator more than fund management; I will have ongoing businesses for me to establish them in local country. Later I expect to work more as a VC where I screen and DD opportunities, and manage a fund.
How can I intrepret the 4%? I also heard phantom shares thrown around (the mediator is not sophisticated). Do you think the 4% is fair for the intrepretation you suggust or the ones above?
Of course I will have clarity before I start to sign papers, but I need to reply with commitments swiftly.
I think you need to simply ask as it isn't clear.
Minima dolores sit enim inventore maiores ipsam aliquam. Similique dicta voluptatem reprehenderit aut mollitia ad. Recusandae corrupti deleniti nihil qui velit id. Animi aliquam sint repellendus quasi odio veritatis neque.
Nisi tempora molestiae quod expedita iure omnis. Repellendus aut et doloremque sed necessitatibus. Qui et quod sed alias ullam. Molestiae maiores ut quia aut soluta.
Dolorem voluptatem cumque et enim. Commodi sed est praesentium. In nostrum non praesentium velit ipsa quas veniam. Id eaque velit ipsam in in modi. Accusamus aut tempore tempore.
Quis qui et ea recusandae. Et est ducimus velit ullam sit repellendus ut rerum. Asperiores voluptatem odit consequatur harum nobis et.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...