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To clarify, I meant $200k including the current value of the stock options that vest in a year.

I'm also writing with engineers in mind rather than executives, and based on Bay Area salaries.

I don't think that's a meaningful number. As I said, investors have plenty of reasons to value the equity at a higher level than an employee.

If you "cliff out" an investor, you go to jail. If you do that to an employee, that's fair game.

For the typical engineer at the typical startup, that sounds way too high to me in terms of realized value.

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