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If I can change the situation, I will be a part of this team. The tech team has been treated as full-time employees for the last two years in terms of being ava

If I can change the situation, I will be a part of this team. The tech team has been treated as full-time employees for the last two years in terms of being available from 9 to 6, doing daily standups, reporting that the work gets done, sending sick leave emails, and cutting money because of that "skipped" days. Never get any "paid holidays" or something. Most of the time, my rate was less than 25usd per hour. Taking the worst part of being a contractor and employee is my daily life. This is our first "international job" for the second developer and me. Hence, we were happy just taking it and believing in the founder's promises of higher salary and equity options. If trusted to my profile on carta.com, the options equity is about 0.8%. My friends with experience in startups said it's ridiculous. Only a tiny contractor's hourly rate with a small amount of equity for such hard work to make the company profitable. We did it but got no bonuses besides "Thank you! Let's work harder!"

psyklic 4y ago
It sounds like you initially found the terms acceptable but now less so. From a contracting perspective, I'd decide what terms would make you happy then present them to the founders. The founders might not realize that you feel this way (or they might just poorly express themselves virtually). You might let them know you want to be a team member, then show some examples why you don't feel that way now. This might help explain it. Funding could give the founders more flexibility to pay you. I'd also keep in mind from their perspective it will be more difficult to make you an employee than someone in the US. Maybe you could help by presenting how you believe the process would work? FWIW things could be worse. In the first startup I co-founded, I received both a lower hourly rate and less equity than you (though without my knowledge).

psyklic 4y ago

It sounds like you initially found the terms acceptable but now less so. From a contracting perspective, I'd decide what terms would make you happy then present them to the founders. The founders might not realize that you feel this way (or they might just poorly express themselves virtually). You might let them know you want to be a team member, then show some examples why you don't feel that way now. This might help explain it. Funding could give the founders more flexibility to pay you. I'd also keep in mind from their perspective it will be more difficult to make you an employee than someone in the US. Maybe you could help by presenting how you believe the process would work? FWIW things could be worse. In the first startup I co-founded, I received both a lower hourly rate and less equity than you (though without my knowledge).