Re:Ask HN: How Would You Negotiate This Deal?
by maxawaytoolong on Wednesday October 20, 2010 @12:19AM
(#1809963)
I would take the record producer approach and get paid a lot up front. Only because I've been in the EXACT same position once and took a tiny (near-free) salary for "a vested interest" and got fucked. Equity in a private concern like this is worth nothing. You should get paid in dollars (or whatever your local currency is).
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Re:Ask HN: How Would You Negotiate This Deal?
by qq66 on Wednesday October 20, 2010 @03:59AM
(#1810416)
Or a combination that is very heavily weighted to cash. Instead of $120 an hour, $100 an hour and 1% of the company. That way, if it becomes Google, your (eventual 0.01%) stake is worth something.