3 ms·
10% is good if you are getting salary. If you aren't, you are a founder -- it should be more equitable, but not necessarily equal. If you get salary, perhaps
by loumf 13y ago
10% is good if you are getting salary. If you aren't, you are a founder -- it should be more equitable, but not necessarily equal. If you get salary, perhaps you and next 2-4 employees should be splitting the 10%.
One thing to do is to make a contingent bonus for the pay you aren't getting. Let's say you think 6 months is worth 50k. Then, they sign a contract where they pay you a 50k (or more) bonus if the company (1) makes cumulative revenue of xx million or (2) is acquired (3) raises a round over zz million.