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> I really want a normal salary now, but they don't have the cash. That's fine. If they don't have the cash, then all they can offer is equity. > I don't know
by rmc 11y ago
> I really want a normal salary now, but they don't have the cash.
That's fine. If they don't have the cash, then all they can offer is equity.
> I don't know if 1% is a lot of equity
It's not. Why do each of the founders get about fifty times more equity than you? Are they doing fifty times the amount of work? Are they taking on fifty times the amount of risk? etc.
- ramtatatam 11y agoNot being an expert in start-ups (although involved in three) I would say you do not measure contribution purely by amount of work. Idea, market research, amount of risk taken, amount of capital raised / invested... Unfortunately "bricks and mortars" work is somewhere at the end of the list - you can get somebody else to do the work, which does not apply to other points.
- sharemywin 11y agoAlot goes to supply and demand though too. And there aren't a lot of people willing to work for free full-time for long periods, except co-founders.
- ramtatatam 11y agoOf course, the author of this post does not want to work for free. And I just made the point that spending hours (on whatever) is not the only way to measure contribution.