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If they aren't making things work with you, they definitely aren't going to make things work without you. Are you vested? How far away is your cliff? Is your eq
by debacle 12y ago
If they aren't making things work with you, they definitely aren't going to make things work without you. Are you vested? How far away is your cliff? Is your equity ridiculous?
Regardless of how important you are to your current employer, if their money dries up they are going to stop paying you and terminate your employment. Even if you are their key employee.
If they really want to keep you on, tell them you want much more equity because you are taking on a lot of risk and the startup doesn't seem to be performing strongly.
- JayeshSidhwani 12y agoThanks! I am not vested. I was promised since the beginning but it has never happened. I think asking for more equity is no good when you have a hunch that the startup is not moving ahead, no?
- debacle 12y agoIf you don't have a vesting schedule now you will never have equity unless you demand it. Asking for more equity (or in your case, any at all) will let you know if they actually value you or just don't want you to leave.