5 ms·
I feel it's impossible for all first 50 to get >1% mathematically. it's more like first 5 other than co-founders.
by yangcheng 4y ago
I feel it's impossible for all first 50 to get >1% mathematically. it's more like first 5 other than co-founders.
- ZephyrBlu 4y agoYeah, >1% is a lot of equity for a non-founding employee.
- metadat 4y agoNot really, if they aren't going to value you at >1% when they're small, they're probably delusional and you already know everything you need to make a good decision in your own best interest. Founders being greedy when the company is worthless is always a bad sign in my considerable experience (more than 20 years in the game, and grew up in PA, CA worshipping the startup culture of the 90s). For the quintessential case study in founder greed gone wrong, search around about how it went for a company I passed over because of low equity offer, their name was Clinkle.
- ZephyrBlu 4y ago2% max seems pretty normal to me. Ex: https://searchgently.notion.site/Founding-SWE-at-Gently-com-dcb94cd4573c45e39ddc9fbf32148674 https://searchgently.notion.site/Founding-SWE-at-Gently-com-.... How much equity would you expect if you were the first engineering hire?
- metadat 4y agoThere will be "suckers" who join for a tiny slice of the pie. Don't waste your time and life, don't let it be you.