4 ms·

"The first employees of all the startups I know personally have gotten very good deals." Can you elaborate?

• emmett 14y ago
  I'm friends with founders of many YC startups (and a number of non-YC startups as well). If you're a smart founder, you will offer a very good deal to your first N employees. They are by far the most important hires you'll make. Even if you could trick someone into taking too little compensation, you'll regret it in a year when they find out they were snookered.
  • dxbydt 14y ago
    For the sake of the yc brand if not for anything else, its better to put some numbers out there on what would be a reasonable stake & salary for joining a yc startup as an early employee. val (stake,salary) = f( valuation,employeenumber) What's a reasonable f ? Yeah I understand its a hunch wrapped in a gamble floating in a bubble etc...but quasi-phony numbers are still useful.