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You will lose your negotiating leverage. Good faith and five bucks will buy you a sandwich. You really have no idea what they "think is fair." That said, if you
by ericb 18y ago
You will lose your negotiating leverage. Good faith and five bucks will buy you a sandwich. You really have no idea what they "think is fair." That said, if you want the job, the equity will be a pleasant bonus, and most employee equity grants are easily diluted, anyhow. I think you're left with nothing but trust and their own incentive not to dilute at the end when you're not a cofounder.
- notauser 18y agoYou will lose one type of negotiating leverage and gain another. Once you have been there a while your true value will be obvious (especially when you produce, in a _nice way_, comprehensive documentation at your first performance review). Please be clear that I am not advocating salary blackmail (pay rise or I quit) tactics. However reasonable and friendly negotiations periodically is not an unreasonable thing to request. For most of us the company at hiring time is seeing a choice beteen you (an unknown risk) and someone else (also an unknown risk) and while they obviously have a preference it may not be that strong. However after twelve months they will be evaluating you (a known, and hopefully respected, certainty) and someone new (an unkown risk) which is a whole different game.
- tptacek 18y agoAbrupt ultimatums may be bad form, but if you take a job and later realize your comp is unfair, you are under absolutely no obligation to accept that situation.