3 ms·
Based on your comment, you'll be the only fulltime person until there's funding? In that case, you're at minimum also bringing 150k of value to the table -- eve
by psyklic 4y ago
Based on your comment, you'll be the only fulltime person until there's funding? In that case, you're at minimum also bringing 150k of value to the table -- even at 50% salary. (Except that their 150k surely will be paid back via loan/equity. Make sure you get the same deal!)
It seems you're clearly vital, have a rare CTO skillset, and the company is brand new. So, it'd make sense to suggest being an equal partner -- or even more than equal, since you're risking your salary initially, while they retain full salaries.
I'm also very wary that you describe half of the team (>50% of the equity?) by their cash and roladexes, rather than being awesome salespeople/CEOs/web3 people/etc. Are you confident they will be great cofounders, even once their contacts run out?