Re:Ask HN: Giving raises after a series A round
by sanj on Wednesday March 12, 2008 @02:08PM
(#135336)
I believe the goal should be NOT to be an outlier.
Get a good sense of how the market would value you, independent of being a founder, and get paid that.
Getting paid too much is just asking to to be singled out to be removed as a "cost saving measure."
Getting paid too little makes everyone value you less. And you're at risk of being viewed as sucker.
I have some strong memories of how annoyed I was at how much money our "new, post-series A management hires" were spending while I was still doubling up in hotel rooms with the other founders.
Get a good sense of how the market would value you, independent of being a founder, and get paid that.
Getting paid too much is just asking to to be singled out to be removed as a "cost saving measure."
Getting paid too little makes everyone value you less. And you're at risk of being viewed as sucker.
I have some strong memories of how annoyed I was at how much money our "new, post-series A management hires" were spending while I was still doubling up in hotel rooms with the other founders.
At least we weren't still sharing beds...