4 ms·
I've found two great rules for going into negotiations of any kind: 1. Know exactly what you want and state it. 2. Be prepared to walk away if you don't get it.
by corkill 15y ago
I've found two great rules for going into negotiations of any kind:
1. Know exactly what you want and state it.
2. Be prepared to walk away if you don't get it.
You could also try playing equity vs salary off each other. e.g. I usually work for $6000 a month, but if you want I could work for $2000 with 30% equity. Or if you want equity more than salary, I usually work for $10,000 a month but could do it for $1000 a month and 40% equity.
Numbers above are just random. But the idea is to make the option you really want seem MUCH more attractive.
- accountoftheday 15y ago30-40% equity for a paid employee ... what planet are you from?
- dasil003 15y ago> ... what planet are you from? Founding-stage planet, presumably. If someone asked me to work for $1000 or $2000 a month and they weren't offering high double digit equity I'd laugh in their face. If the company has funding and momentum then I'd want market salaries which is an order of magnitude higher. If it's early stage then it depends on what each person is bringing to the table. An experienced entrepreneur with a relatively inexperienced engineer should not give that much equity, but for the inverse 30-40% is not unreasonable. If you think this person has the chops to make the product a reality then put an appropriate vesting clause with cliff and do it. At the end of the day it's about ROI, not about bogus conventions on how much "employees" should get.
- deleted 15y ago[deleted]