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BI is a pretty crowded space. Even with the connections of the CEO, he's going to be competing against established companies with significant teams of develope
by TWAndrews 15y ago
BI is a pretty crowded space. Even with the connections of the CEO, he's going to be competing against established companies with significant teams of developers ranging from smallish, but quickly growing (e.g. Tableau) to monstrous (e.g. Microsoft).
I'd be very reluctant to take almost nothing but equity in a BI company unless the CEO can make a very clear and convincing case for the product over the legions of competitors you'll face.
- ccitizen 15y agoI am not totally convinced that he knows the space well myself. I find myself trying to justify sticking with them, maybe negotiate a lower working time/commitment for the same pay (provided that they cannot afford to increase the pay) in exchange of losing this friendship and potential network. Although I still think I'd be shortchanged. Another worrying trend I feel is that while I'm probably 'employee #1', I find myself doing more architecture/design work than the technical co-founder as he is a relatively new programmer. What would be a good way to ensure that I do not burn bridges while negotiating and/or rejecting?
- TWAndrews 15y agoI'd just tell them that your current financial situation doesn't enable you to work for just equity. And if you feel like you're doing more of the technical work than the technical co-founder, it's probably not a good situation overall.