Sorry, I should have been more specific -- I meant seed stage. I think you'll see 20 basis points for a senior IC around post Series A/B depending on the company and how they've set up their option pool, as well as the senior IC. At that point, 20 bips is material enough to be non-negligible if the company grows well enough to the next raise, but probably not enough to be thought of as cash in the lifetime of that employees tenure (on average, anyhow). At that point, cash comp should be on par with median salary, which is tier 4 and below for most ICs*
*I'm putting FANG into T1, the next tier down of liquid companies into T2, large pre-IPO companies into T3, and everyone else into T4 -- the interesting part obviously is that company salary tiers can and do obviously change if/as companies grow successfully.
