3 ms·
The equity seems way off here. You would be giving up 45k/year and for arguments sake lets say the equity vests in 2 years. That's 90k for .6% of a company.
by JamesBarney 10y ago
The equity seems way off here.
You would be giving up 45k/year and for arguments sake lets say the equity vests in 2 years.
That's 90k for .6% of a company. Which puts the companies valuation around $15,000,000. Seems high for company about to bring on their first technical hire(I'm assuming).
And remember there are several downsides to equity like
- It's highly variable.
- It's a lot easier to screw you out of equity than cash.
- It's a lot less liquid, you might not get any money for years.
- throwawaygrrqq 10y agoI hadn't really considered it like that. I also brought up the subject of dilution and they sort of skirted round the topic, so your comment regarding it being easier to screw me out of than cash may be quite a a pertinent one.
- partisan 10y agoThey should just pin this at the top of the site.