3 ms·

While I agree that 1% is low. 25% seems crazy? There is a lot that goes into a company before the first round is even raised and if you join after that low sing

While I agree that 1% is low. 25% seems crazy? There is a lot that goes into a company before the first round is even raised and if you join after that low single digits seems quite reasonable. Often at this stage you will earn more than the founder does in cash to compensate so you take on significantly less risk. You can work for just equity if you prefer, that's usually what the founders do for the first few months to a year, before there is enough money to pay a salary at all.

marcell 2y ago
> While I agree that 1% is low. 25% seems crazy? (author/fetchfox ceo) I usually make a few different offers that have cash / token allocation tradeoffs. Higher token = lower cash, and lower cash makes you more like a founder. Just to give a concrete example, for a recent very good candidate, the offer on the high token side was ~20% of the expect total allocation and 150k cash. There is also a higher cash option with lower token allocation. For less exceptional candidates, the offers are a lower token allocation the equivalent cash.