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Alternatively you could have accrued the salary deficit as convertible debt that would roll into the next funding round, at a discount -- which is a bit more an
by nugget 10y ago
Alternatively you could have accrued the salary deficit as convertible debt that would roll into the next funding round, at a discount -- which is a bit more anchored than estimating a 1% chance of exit at $600M valuation (if you were serious about wanting the job, which it sounds like you mostly weren't).
- mring33621 10y agoThank you for the suggestion! I'm not new to the idea of non-salary, future compensation but it is very new to me personally.
- pbecotte 10y agoIs this something anyone has done? Seems like you would need lawyers to draw that up, but it appeals to me on a philosophical level...