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its really hard to tell without knowing about your situation. Do you expect 40hrs(+) of work per week ? Is there any cash involved ? If you dont expect 50hr wo
by jjellyy 13y ago
its really hard to tell without knowing about your situation.
Do you expect 40hrs(+) of work per week ?
Is there any cash involved ?
If you dont expect 50hr work weeks, and your still in an early stage where you just need one of his relationships, or to have him focus on closing a deal, you can make their options performance based. Maybe start at 0.5%
If you want them to be in the trenches with you working every day, and there is no cash involved I would do 3-5% maybe more/less i dont know if you have a cofounder, or your business model.
If there is cash involved and you can pay something like 40k a year, then start around 1%-1.5%.
100% might sound like alot to begin with, if you are successful you will need to have alot of it in reserve to hire talent, i would put aside 25% just for talent. Engineers are very difficult to find and will be offered high cash salaries as well as large equity packages.
- adammoisa 13y agoThanks for your reply!