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> I think we're both making some assumptions around what GP was offered, but I would agree with you that asking for $450k as a cofounder is unreasonable. But I'
by PragmaticPulp 5y ago
> I think we're both making some assumptions around what GP was offered, but I would agree with you that asking for $450k as a cofounder is unreasonable. But I'd say that for someone closer to middle age with a family, $200k isn't unreasonable. The idea is that you want the cofounder to focus on the company, so you remove the financial distraction.
That's basically what I said in my other comment above, right down to the same $200K number: https://news.ycombinator.com/item?id=30517360 https://news.ycombinator.com/item?id=30517360
The parent commenter responded that they don't like startups at all due to the high failure rate. Between that and the unwillingness to give up immediate compensation, I think it's likely that they just don't really want to be a startup co-founder. Nothing wrong with that, but it's not really cool to blame a startup for having expectations in line with standard startup practices (assuming they weren't offering $50K or something silly)