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I'm not getting #1. Essentially, they're offering you a "founder grade" share of the company. Why not?
by kika 13y ago
I'm not getting #1. Essentially, they're offering you a "founder grade" share of the company. Why not?
- phillmv 13y agoDepends on your appetite for risk. It's just a sign that it's really risky, and the other founders obviously think the odds of it succeeding are low and are asking you to put in sweat equity, as it were.
- gesman 13y agoIf you jointly owns IP - that's fine. But if you're only an employee albeit a proud owner of large chunk of options, it's possible that real founders are just testing the market at your expense.
- kika 13y agoWith 15% you can have a seat in the board or at least some voting rights. Having that it would be more difficult to just dissolve the company without any real reason. But generally speaking you're right, thanks.
- gesman 13y agoSolid cubicle quite often is a better financial investment than a shaky board :)