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Interesting! But I think $70k salary for early employees is not realistic. They will probably take $10k-$20k less than market price for significant shares.
by biobot 15y ago
Interesting! But I think $70k salary for early employees is not realistic. They will probably take $10k-$20k less than market price for significant shares.
- rokhayakebe 15y agoIf you can pay someone 100K + equity, you should just pay them 120K and not have to worry about that.
- autarch 15y agoMy experience has been that startups demand a larger pay cut of early employees.
- vidarh 15y agoIf even that. As I've pointed out elsehwere, when I've joined startups as a regular employee, I've demanded raises and gotten them. If those tiny differences would make and break the company, it's underfunded and I won't have anything to do with it, or it's too early for them to start hiring and they should offer substantially more equity and involve me as a co-founder.