4 ms·
As a technical person, swe and founder, I would never join as a “founding engineer” for 1% equity. Or less (most people are stingy and offer some bs) Especiall
by moomoo11 2y ago
As a technical person, swe and founder, I would never join as a “founding engineer” for 1% equity. Or less (most people are stingy and offer some bs)
Especially not for someone completely non technical.
Especially not if that person is not someone I can respect (expert in the field, has impressive track record, and i feel they can actually rally a team) to succeed at all costs.
Founding engineers might as well stay at a FANG/good company or do their own thing than waste time. IMO.
You have a better chance of becoming a billionaire founder than winning the lottery. Keep that as motivation lol.
- icedchai 2y agoSome people don't want to work at large companies and deal with 20 levels of hierarchy and BS.
- moomoo11 2y agoThey should start their own companies as a founder or co-founder then.
- icedchai 2y agoWhy? They may not want the responsibility.
- moomoo11 2y agoCool then you can do it and waste your time. I already told you why, but if you want to find out go ahead. It’s only worth it maybe if someone is a total noob and needs experience. But even then they’re better off applying to a better off company and getting it, and then starting their own company. And you think there will be less commitment as a founding engineer? You’re getting 1% equity on a scheduled vesting and you are the one who will build all the tech.
- icedchai 2y agoI’ve already done it, almost a decade ago. As a founding eng I got a bit over 5%. The company failed but it was still a positive experience.
- deleted 2y ago[deleted]