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You are probably a little on the low side, but that could be based-on any number of factors (and as mentioned, feel free to negotiate). How many founders are t
by relaunched 15y ago
You are probably a little on the low side, but that could be based-on any number of factors (and as mentioned, feel free to negotiate). How many founders are there? Consultants? What do you bring to the table? What do you bring to the table? Were you a significant contributor to a major startup?
What's the cash position? Do you know you have a job for at least 12-18 months? If so, I'm not seeing the significant risk that warrants a significant equity bump. I'm assuming they raised 350-550+k in angel funding and there is a probably an A round close / in the works. Also, what does the angel financing look like...if it's convert capped or even better for you, the Yuri convert/uncapped, you don't have that much to worry about pre-A vs. Post A dilution.
The dirty secret is startups are a home run only game. A 10 million dollar exit means (early successful exit) the angels get paid and founders get a paid a bit. A 50 million exit means angels & A get paid, founder are happy, but looking for a next project and employee 1-3 might get a down-payment out of the deal. Employee number 2 doesn't get to retire unless there is a couple hundred million dollar exit...the higher the better.