"Because our standard offers are world-class, we are officially eliminating negotiations on salary and equity from our recruiting process."
Lol. Their chief-of-something has declared themselves exempt from market forces. The Great Market Defeater.
Lol. Their chief-of-something has declared themselves exempt from market forces. The Great Market Defeater.
They rely on your "passion" for crypto to underpay and hire naive engineers.
In any case, that's moot. Because if you join now (after they are making this change), your equity is being valued at ~$60bnm so the upside is significantly lower.
[1] If that's from the valuation at last funding round, then that's being disingenuous since no one thought that they are worth 8b then, and I would be surprised if they were offering equity at the valuation.
Also, see comments in https://us.teamblind.com/s/rh0DJajS