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Thank you very much for your remarks. It looks like I am in a typical ballpark as far as the equity compensation goes, maybe slightly above average. And I am
by abstractwater 18y ago
Thank you very much for your remarks. It looks like I am in a typical ballpark as far as the equity compensation goes, maybe slightly above average. And I am definitively planning to continue to work after this. :) But I also hope in "some" payday, otherwise I wouldn't be taking any stocks.
I could get market rate salary with less stock, but I think I am going with a below-market salary and more stocks. About that, I am still trying to decide the right balance...
- nostrademons 18y agoFinancially, you're almost always better off taking more cash and less stock. In the average startup, things do not go well, so a raise in 8 months may not really be in the cards (and if things are going well, your equity will be worth much more than your salary anyway). But there are intangible benefits to taking more equity and less salary. You work harder, which means that you get to work on more interesting things, which opens up more doors in the future. If I were to take a job now (and I'm looking :-)), I'd probably go for more equity and a lower salary as long as it's adequate to cover basic living costs, if only because there're only so many material comforts that one needs...
- davidw 18y ago> In the average startup, things do not go well At one point, I had something like 10K Linuxcare options, when VA Linux and Redhat had recently had huge IPO's and were trading well north of $100. Sigh... It's not something I think about much though. I was paid well and got a lot of other things out of the experience. However...yeah, it's pretty easy for things to turn sour in a hurry.
- deleted 18y ago[deleted]