4 ms·
It's not a good deal, from the looks of it. Ask: - how much equity do they have? - how much equity is set aside for future employees? - what happens if they
by petervandijck 15y ago
It's not a good deal, from the looks of it.
Ask:
- how much equity do they have?
- how much equity is set aside for future employees?
- what happens if they don't get funded within 6 months? Ever?
- why do they not want to give you "power"?
- will they write down the salary and benefits you'll get and the conditions (funding) for that to happen
- what happens if they only raise a small amount of funding?
- will they get salary before you do?
etc.
- petervandijck 15y agoAnd as an aside: I would never make vague promises that I don't know I can keep to employees. They're asking you to work for free. They should be clear on that, and you should get more equity for that (and with the same rights they have). Bad deal.