It's $250k if you count the equity. The base salary in cash is not that amount, but if you include options/RSUs, and the company continues to do well, those numbers make sense.
If you do the math as base+equity you will often find startups that are giving out even better offers. I've seen $300k+ if you consider dollars in RSUs the same thing as dollars in cash. Unfortunately the math really is base+(equity*chance_it_pays_out). With that math, you are much more likely to come out ahead at Google, FB, Microsoft, etc.
Startups will give better offers at the lower levels - however, as someone gets more experience, the big companies will go far and away above in total compensation typically. Even companies like Uber, Airbnb, etc. aren't paying as well (although they do pay well)...and that doesn't even go into the riskiness of startup work.
If you do the math as base+equity you will often find startups that are giving out even better offers. I've seen $300k+ if you consider dollars in RSUs the same thing as dollars in cash. Unfortunately the math really is base+(equity*chance_it_pays_out). With that math, you are much more likely to come out ahead at Google, FB, Microsoft, etc.