Re:Ask HN: founders wants me to join for just equity, how mu...
by seven on Friday February 19, 2010 @07:38AM
(#1136742)
I think this is very realistic.
No salary is a big no go for me. This is something I could only do with close friends that I have known for years.
Think about it this way: If those 3 guys really believe somehow in their project, they should be able to find some money to give you as a minimal salary.
If they expect you to take a high risk (not getting any money) they should give you a high reward if everything goes well.
To pay someone means that you take the risk that she does not produce any value, but you win the most if she does.
No salary is a big no go for me. This is something I could only do with close friends that I have known for years.
Think about it this way: If those 3 guys really believe somehow in their project, they should be able to find some money to give you as a minimal salary.
If they expect you to take a high risk (not getting any money) they should give you a high reward if everything goes well. To pay someone means that you take the risk that she does not produce any value, but you win the most if she does.