6 ms·
a lot lower than i expected - also would love to see the package (so $150k + .5-1%) distribution.
by auston 14y ago
a lot lower than i expected - also would love to see the package (so $150k + .5-1%) distribution.
- mbesto 14y agoI question why equity is on a bar chart as it's not a directly comparable attribute. 1% of a 100,000 units is incrementally different from 1% of 10,000 units. It does at least "set a bar", so I could potentially say "well on average 1% of the company for a developer is average."
- outside1234 14y agoI don't understand your statement about how 1% of 100,000 shares is different from 1% of 10,000. How is it different?
- jwoah12 14y agoBy about 900 shares. Joking aside, though, I don't think it's different at all in this context.
- danielweber 14y agoYou reminded me of the startup I did where we would offer people 1% of the company, and the candidates would say "that's only 2000 shares. This other company is offering me 50,000 shares." It can get depressing trying to hire people sometimes.
- jedberg 14y agoWell there are two ways to go with that. You can keep your number of outstanding shares small, and then only hire people who are good at math. Or you can keep your number of outstanding shares enormous, so that you can offer people grants in the 100,000 or even million shares range, and get the people who are just looking for a lot shares.
- unstoppable 14y agoSounds like you may need to revise your screening process... these people should not get this far.
- danielweber 14y agoWe were hiring developers, not finance people.
- billmalarky 14y agoI'm not an employer, but a developer not understanding how percentages work would be a red flag to me.
- darkarmani 14y agoOf course it's different if you are comparing it to the same scale units. But if you are talking about 1% of the company, it doesn't matter.