YOE: 4.5\nCollege: Tier 2 \nPrev Compensation: 18 Lakhs Base + 1 lakh Variable + 2.5 Lakhs Share (to be vested in 3 years)\n\nThis company is a pre-ipo unicorn. \nNew Compensation:\nBase: 27 Lakhs\nJoining Bonus: 1.5 Lakhs\nShares: 5000 units to be vested in 4 years. This is pre-ipo. In grey market current price is $20 \nRetention Bonus: 1.5 Lakhs at first year, 3 Lakhs in second year.\n\nOverall 1 year compensation: 27 + 1.5 + 1.5 = 30 lakhs.\n1 year share price = 1250 * 20 * 70 INR = 17.5 Lakhs\n= 47.5 Lakhs. \n\nMy question is, are pre-ipo shares worth it? If I want to leave after an year I will have to buy the share at $10 strike rate which would mean my total benefit would be 7~8 lakhs every year which makes my total comp around 35 lakhs an year. Also there is no guarantee when the IPO would be.\n\nIs this a decent offer?

YOE: 4.5\nCollege: Tier 2 \nPrev Compensation: 18 Lakhs Base + 1 lakh Variable + 2.5 Lakhs Share (to be vested in 3 years)\n\nThis company is a pre-ipo unicorn.