3 ms·
IMO "Fair" is in the eye of the beholder. My guess, is if you're asking here - you don't think it's fair. ~$85k in the Bay Area isn't a ton of money. After dil
by lettergram 8y ago
IMO "Fair" is in the eye of the beholder. My guess, is if you're asking here - you don't think it's fair.
~$85k in the Bay Area isn't a ton of money. After dilution (post seed) 2% will be much smaller. If you're the only technical found and the only one who could build the product, I personally would ask for more. HOWEVER, if you think someone can do it other than you, you may not command such a deal.
Regardless, I always focus just on the base salary. At ~$85k, I'm assuming they aren't covering healthcare, 401k, etc. That's maybe 35% - 50% (with benefits) less than you could get at a larger company.
Do you think the companies worth it?
- RightBack 8y agoThanks for the input! I know fair is such a subjective word. The thing about being hard to replace is we are using a fairly popular stack (rails) that although I have deep product knowledge, it would be possible to find a replacement dev, but at what salary is another question. I actually get subsidized health care which is great, no 401k however. I do think the company will be successful, the magnitude of success is still to be determined, the size of my equity grant would require a pretty large exit for a reasonable payout.