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And if they ever need to raise money and you are not, at that moment, vital to the company, your 0.25% becomes 0.05%. Assuming success at a $50 million valuati
by danielweber 13y ago
And if they ever need to raise money and you are not, at that moment, vital to the company, your 0.25% becomes 0.05%.
Assuming success at a $50 million valuation, you did all that sweat equity for 25K, while probably giving up a lot more in salary.