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A comment on Ask HN: Should I accept a CTO position without much experience?. Parent comment

Re:Ask HN: Should I accept a CTO position without much exper... by FireBeyond on Thursday January 07, 2016 @01:28PM (#10859722)
"Additionally, if the company gets funded, the very first thing that will happen is you will be fired or otherwise relieved of your position and they will hire an experienced CTO who will be paid a lot of money. This is the smart money move for them and a pat on the back for a job well done is all you will be likely to get."

If that was the situation (and I agree, potentially likely) - but yet still an option for him, I would have him attempt to write in to the contract that on funding, he would be back paid $x, up to a full amount or some portion thereof that he would have earned...

[ Parent | on HN ]
Re:Ask HN: Should I accept a CTO position without much exper... by HeyLaughingBoy on Thursday January 07, 2016 @01:59PM (#10859922)
No. I try not to be so absolute online, but, No.

The contract can be ignored. How's he going to fight it? He's been working for free and he's broke. He has more important things to worry about like eating. So a crappy lawyer takes his case on a 30% contingency. It's still an uphill road until he might somehow get something.

Never work for free.

[ Parent | on HN ]
Re:Ask HN: Should I accept a CTO position without much exper... by NumberCruncher on Friday January 08, 2016 @05:58AM (#10864082)
My last interns had a salary of 13€/hr gross (I´m based in Munich). Working 20 hrs a week is enough to pay the rent and buy beer. In the remaining 20 hrs you could still be the unpaid CTO/CFO/CEO of any startup.
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Re:Ask HN: Should I accept a CTO position without much exper... by relkor on Saturday January 09, 2016 @02:42PM (#10872539)
Correction: 80 hrs/wk available for the unpaid CTO. You are thinking like an employee would by speaking of a 40 hour work week.

To the OP: choose the startup if it is your life, your mission, and you can directly build value. If you do not believe in the value-proposition, then find something else. There are plenty of startups, plenty of growing companies all over the planet. Find one solving a problem you personally care about that also has a requisite amount of upside for your personal risk preference.

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Re:Ask HN: Should I accept a CTO position without much exper... by thecupisblue on Monday January 11, 2016 @08:03AM (#10880527)
Shit, can I intern remotely for you?
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