Re:Ask HN: How much equity should I ask for?
by 0xfd441b8e on Thursday February 18, 2016 @07:36PM
(#11130608)
So the first developer was there for a little over a year before I was. And worked for free for a little bit of that. I'm assuming that developer has a solid amount of options. If anything the cofounders just gave that developer stock outright.
0.2% is the total. I have approximately a third of that 0.2% right now.
I would consider I am missing out on about double my current salary. Not to boast but I could definitely reach ~80k no problem.
Re:Ask HN: How much equity should I ask for?
by 8873872782 on Thursday February 18, 2016 @07:53PM
(#11130697)
One of the wisest people I know said, you never get a raise unless you have another job offer in hand.
Seed salary is usually 65-80% of salary at a well-funded startup. You're getting 50%.
Read Ramit Sethi's stuff on how to negotiate this.
Of course you personally can make money during an acquisition. If it's a cash acquisition there's now a buyer for your options, if it's a stock acquisition you'd now own stock in the new company (if you're lucky they're publicly traded so you have a market to sell your options to).
Is 0.2% the options you will have after the first year (with 3x0.2% more coming in the next years) or is 0.2% the total already?
How much salary would you say you're missing by working at that startup?