champchamp

Certified Savage

Acclaimed Answer

Asking for more stock options

Hey Savages,

Im fairly new at my org, only 6 months in. I did get some stock options in my contract but they only vest after a year.

A Founder and Angel Investor that i know helped me take a look at my company and was positively surprised with the growth, revenue and overall numbers of the company since it was founded.

I know going public is always a long shot but i think this company has a great shot at doing so and the CEO even announced that they plan on doing so in the not so distant future.

I am new so i was thinking of asking for more options once i hit the 1 year mark or when i get promoted, which if everything goes well I think it'll happen in around 12 months, once I'm about 18 months in.

My question is, has anyone negotiated more stock options successfully and are companies usually willing to give them? Or do you usually need to give up other things like actual pay in order to get them?

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11 comments

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Kosta_Konfucius

Politicker

2

Sales Rep

Highly recommend reading there academy of negotiating for equity. Gives a pretty good break down

CuriousFox

WR Officer

1

🦊

Hey get out of my head!

braintank

Politicker

2

Enterprise Account Executive

Ask for better comp package instead

braintank

Politicker

1

Enterprise Account Executive

In my experience much easier to get a raise than additional options.

Pachacuti

Politicker

1

They call me Daddy, Sales Daddy

Waiting till you’re promoted and have a strong performance history is the right way.

Diablo

Politicker

1

Sr. AE

Performance speaks so I would ask when I have something to justify my asks

FinanceEngineer

Politicker

0

Sr Director, sales and partnerships

You can always ask, and you can leverage it however you see fit. On promotion, there tend to be top-offs as well as when new rounds are funded.

TennisandSales

Politicker

0

Head Of Sales

Great question. Waiting until a year/18 months is a great approach.
I would approach i it like any other raise conversation. Have a number you want and stick to it, and provide a justification kn why your asking.

I think this will be much easier to get especially if your not asking for a salary raise.

braintank

Politicker

2

Enterprise Account Executive

Except additional stock usually has to be approved by board.

MyAnonymousName

Opinionated

0

Sales Leader

Ask and I second reading the academy of negotiating for equity for some tips.

However, do not give up pay to get them, and if you get a choice, negotiate a higher pay.

In probably less then .01% of situations will the equity end up being more then the pay increase unless you are a VP level or above.

CadenceCombat

Tycoon

0

Account Executive

good luck!

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