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Well I can't tell you much from the dev side because I'm a business guy, but we typically look at about half to 2/3 of that amount, plus a fraction of a % equit
by davidtyleryork 15y ago
Well I can't tell you much from the dev side because I'm a business guy, but we typically look at about half to 2/3 of that amount, plus a fraction of a % equity (if any). I actually got a pretty good deal at my startup, but I know a lot of friends in business and that's pretty average.
To give you some color, rockstar coders make $100k + equity at a lot of funded early stage startups. Equity varies but I'm guessing 0.5% to 2% is average. If I were you, any startup offering you $70k + 0.5% or higher is a decent deal
- sanguinerane 15y agoOh okay, interesting. Thanks for the reply! It's good to hear insight from others. Do you know about the lower end? This is a little bit offtopic, but I'm not from the area - would 60k be a livable salary?
- noahth 15y ago60k is absolutely livable for SF assuming you fit the "recent grad" stereotype pretty well. Probably wouldn't work for someone with chronic medical issues, financial dependents, or things of that nature, but it's enough for a single person in decent health.
- sanguinerane 15y agoGreat! Thanks a ton for the info
- sunspeck 15y agoYes. Many people in the Bay Area live on far less than $60,000/year.
- djb_hackernews 15y agoIt'd be very unlikely that a funded startup will be giving a junior developer 0.5% nevermind 2%. My advice: ask for market rates and view any equity as a lottery ticket with a drawing in 4-7 years.