5 ms·
200k over four years, less taxes, which will be maxed because you'll realize all of the earnings as income in one year. So around 30k a year take-home. Maybe sl
by jamesaguilar 14y ago
200k over four years, less taxes, which will be maxed because you'll realize all of the earnings as income in one year. So around 30k a year take-home. Maybe slightly more than the standard 10-15% salary bonus of an intermediate engineer at BigCo, but it's not why the guy is working at the startup, or at least I hope it isn't for his sake.
- mindcrime 14y agoSure, I definitely agree that - in general - "employee number 10" and later aren't going to get rich from their startups. And hopefully they aren't expecting to. Better, yet, hopefully the company goes public are more like a billion dollar valuation, so that they do get rich even if they only own 0.002 worth. :-)
- jamesaguilar 14y agoYep, and good on 'em if so. :)