4 ms·
80% for VCs, 5% for the CEO, remainder split for everyone else is not uncommon. The first employee should be looking for 1-2%, maybe 3% for the CTO. If you can
by blacksmythe 16y ago
80% for VCs, 5% for the CEO, remainder split for everyone else is not uncommon. The first employee should be looking for 1-2%, maybe 3% for the CTO.
If you can, find out how much is the funding, and how much of the company was allocated in return for funding. If the funding level is low, you shouldn't go there unless you have a really good equity position. Also, if they are not transparent about the funding and funding conditions, don't go.