4 ms·
Ask HN: How much equity for first employee?
Hey guys,
Was wondering if there are any rules of thumb for equity share of first employee(s).
Our specific scenario:
Two founders with track record (sold companies in the past).
Have great connections.
Already raised seed money.
The first employee is going to be tech and in charge of building the product. (one or two more to follow soon).
What would be a reasonable equity share ? (If employee also gets about 1/2 market salary).
- morisy 16y agoA friend of mine was actually in almost the exact same situation recently. He was offered 8%, vested over four years, plus about a quarter salary with promise of full salary (or at least full-er salary) on a second funding around. For the record, he turned the offer down. He'd been hoping for 20%, but also wouldn't have taken the position if he'd been offered 50% because he just wasn't passionate about the startup after a two-month trial period.