4 ms·
Curious here - is that £20,000-£30,000 an annual salary.. for a CTO ? With only 5% equity in a startup with no existing assets? The only candidates you get are
by RyanZAG 14y ago
Curious here - is that £20,000-£30,000 an annual salary.. for a CTO ? With only 5% equity in a startup with no existing assets?
The only candidates you get are going to be people trying to scam you...
- devopstom 14y agoI was interested until I saw that salary. Try £60,000 - £90,000 and you might find some decent CTOs.
- floydy50 14y agoThanks for your feedback. We understand we may not be able to get a very experienced CTO. The 5% equity is very much negotiable and it depends on the experience. The application is fairly simple and does not require a very senior experienced developer. What level of salary would you consider as a minimum along with equity? We would still like to hear from you if you have any further feedback.
- timtamboy63 14y agoAt that rate, expect about 30/40% equity
- floydy50 14y agoThe 5% equity is very much negotiable and it depends on the experience. While we may not have many tangible assets, we have a UI/UX developed, the application does not require a very senior experienced developer and our intangible assets such as our contacts in the industry money cannot buy. We would still like to hear from you if you have any further feedback.