Your cash comp is low...they can't pay market rate after 4 years? The options are probably worthless, go for the salary at a new place. You missed out on $60k x 4 years.
Where is OP located? If it’s a tech hub on the coasts then they fucked him lol.
The fact that you stayed for four years at 60k means they probably think even less of him by now.
For what it’s worth OP, some startup swore they were going public about 8 years ago to me at a billion dollar valuation. It came with a six figure salary and options, this was 8 years ago. Long story short, the company never went public and certainly isn’t valued at a billion dollars by any measure. But they are still around.
I should've mentioned that I work remotely from a developing country. So $60k is not really a bad deal here. But thanks to the pandemic and the remote work movement, I was able to get a $120k gig.
The fact that you stayed for four years at 60k means they probably think even less of him by now.
For what it’s worth OP, some startup swore they were going public about 8 years ago to me at a billion dollar valuation. It came with a six figure salary and options, this was 8 years ago. Long story short, the company never went public and certainly isn’t valued at a billion dollars by any measure. But they are still around.