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That´s seems a very small part for a founding team.. We are a team of 5 (+1 cofounder-investor-accelerator), 2 cofounders and 3 of the founding team. All of the
by omegant 13y ago
That´s seems a very small part for a founding team.. We are a team of 5 (+1 cofounder-investor-accelerator), 2 cofounders and 3 of the founding team. All of the founding team are getting paid below the market, but they also maintain side jobs. They get around a 3% each. If they have accepted to work for no salary, it would have been around a 10%.
Just take in to account that almost all the angel round is going to pay them, but I don´t feel they can have less than that. The part of the team is a 10% and if the team grows it will also grow (they´ll only take dilution once/if we get a VC round). I don´t know if that´s close to the norm in SV.