2 ms·
> The role is being a 'first key engineer' hire after the three co-founders. I've been in that role for two different companies. First of all, you should neve
by morgante 11y ago
> The role is being a 'first key engineer' hire after the three co-founders.
I've been in that role for two different companies.
First of all, you should never accept a ~40% under market pay cut (at least if your "market" is mid-to-senior developer). A 10% cut is reasonable, but you should absolutely never accept less than ex. $130k in SF.
In terms of the equity grant, you can find some average here: https://angel.co/salaries https://angel.co/salaries
It should absolutely be at least 1%, but the specific percentage is going to vary a lot based on your perception of the company's value. Put yourself in the shoes of an angel investor and try to imagine what valuation you would invest at. This can include factors like (a) what did other investors invest at, (b) founder history/background, (c) market potential/size. Then take whatever annual salary you're giving up, multiply by 8, and ask for that percentage.