Re:Ask HN: How much did you, as an employee, make when your ...
by funded12345 on Sunday September 23, 2018 @02:32AM
(#18049701)
CTO on founding team. Started out with 10% equity. Co. is now 6 years old. After a merger (diluted by 40%), $10m investment (diluted more), $4m strategic investment (diluted more), then investors taking money off the table first for an exit event - I stand to make $100k if we sell at $20m and $600k if we sell at $40m (currently valued at $20mish). That's pre tax.
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Re:Ask HN: How much did you, as an employee, make when your ...
by eps on Sunday September 23, 2018 @04:26AM
(#18050062)
That's underwhelming.
Re:Ask HN: How much did you, as an employee, make when your ...
by nojvek on Sunday September 23, 2018 @11:57PM
(#18054911)
Well that’s what you get when you go for VC money. VC’s want the least risk possible for their money. So they will put themselves the first. Always. As an entrepreneur, your choice is to go with another VC. However VCs are short in supply, so the best option is to bootstrap and take the least amount of money