3 ms·
I got an offer last year from a company who offered me a 25% salary cut from my current salary and some negligible equity percentage, and then got all huffy whe
by Jemaclus 12y ago
I got an offer last year from a company who offered me a 25% salary cut from my current salary and some negligible equity percentage, and then got all huffy when I tried to negotiate the salary. In their mind, the equity was worth so much money, they could pay me peanuts and I should still take the job. It was a huge turn-off. The guy basically told me to go off. "Why bother with startups, then?" he says. Completely missed the point of equity/salary.
- mattm 12y agoAlso, if the equity is worth so much money, why are they even offering it to you in the first place? You'd think they'd want to keep it all for themselves.
- dkersten 12y agoI had a conversation one time that went sorta like this (I don't remember the exact numbers): Me: I'd rather be paid, say, $250k to do the work in a year and zero equity Guy: But if the equity will be worth, say, $4 million in a year, why wouldn't you do the work for $25k? Me: If the equity will be worth $4 million, why are you arguing over it - wouldn't it be better for you to pay me the $250k and pocket the remaining $3.75 million? Guy: But the $4 million isn't guaranteed! That mightn't happen. Me: My fucking point exactly! And even after saying that himself, he STILL couldn't understand why I would turn down the equity...