3 ms·
Compensated quite generously in an absolute sense, but relative to other early employees, who worked just as hard, at companies with similar current valuations
by ravitation 7y ago
Compensated quite generously in an absolute sense, but relative to other early employees, who worked just as hard, at companies with similar current valuations and who did get equity? That seems unlikely.
Also, if I were an early employee at a startup, yes, I would expect equity.
- marcinzm 7y agoMost startups, by a large margin, fail either outright or equity wise (ie: sell for less than was put in). Many more sell for only a moderate amount which gives a relatively small equity payout (after dilution, etc.). The average compensation of employees at other similar companies was probably lower once you account for all that. You can't judge the outcome of buying lottery tickets by only looking at the winners.