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Mixed — proceed with conditionsEngineering Manager · Lumina AI · Series B

A good role attached to an underpriced package.

Confidence78%

Cash comp

$192,500

Base plus target bonus

Equity, on paper

$137,500

Spread at the current 409A

Below market by

$30,000

vs. remote US median for the role

Risks flagged

9

2 shown below

The cash is $30,000 under market, and the equity is carrying more of the argument than its math supports.

Both are negotiable. The non-compete is the term to fix first.

9 risks flagged · 2 high · 5 medium · 2 lowTwo shown here

The clause is written to apply however you leave — including a layoff. In a company with 18 months of runway, that is the scenario worth planning for. Ask for it to apply only to voluntary resignation, or to be waived entirely if they terminate without cause.

You reach your cliff with roughly six months of runway left. If the next round slips, the equity you waited a year for may never become liquid. Ask when they expect to raise, and whether the cliff can be shortened to six months.

High

Then it tells you what to say.

1Open on the non-competeIt costs them the least to give, which makes it the cheapest win to bank before you talk money.
2Anchor base at $205,000Backed by the remote US median for an EM at Series B — bring the number, not a feeling.

Locked

2 more moves, 6 more risks, and the email to send.

  • All 9 risks, ranked by what they'll cost you
  • The market data behind every number
  • A 4-step script with the exact wording
Analyze my offer

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Every offer looks good until someone reads it properly.

The number at the top is the part you’re meant to look at. The things that decide what the offer is actually worth are usually four lines further down.

The offer, as it arrived

PositionEngineering Manager
CompanyLumina AI · Series B
Base salary$175,000

About $30,000 under the remote US median for this role and stage.

Equity25,000 options @ $2.50
Current 409A$8.00 / share

$137,500 of spread — real, but only on an exit. Not a substitute for cash.

Runway18 months

Your cliff lands at month 12, with six months to spare.

Non-compete12 months

Applies however you leave — including if they let you go.

401(k) matchNone
PTO15 days
6 more findings in the full reportPreview is free

The terms nobody reads twice

Non-competes, IP assignment, and clawbacks sit at the bottom of the document because that is where they are least likely to be argued with. We read them first.

Equity math, done honestly

A strike price and a 409A are two numbers you can multiply. We show you the spread, what has to happen for it to be real, and what it is worth if that does not happen.

The gap against the market

Knowing you are underpaid is not useful. Knowing you are $30,000 underpaid, for this role, at this stage, is the sentence you take into the conversation.

What to actually say

Every finding comes with the ask attached — in the order to raise them, and the words to use. Most people lose the negotiation by not opening it.

Know the deal before you answer.

Paste the offer, read the verdict free, and decide with the numbers in front of you.

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