Re:Ask HN: How Would You Negotiate This Deal?
by aamar on Wednesday October 20, 2010 @02:20AM
(#1810241)
Good plan.
I'd add that a mix of (vesting) equity and cash may be a good outcome of the discussion if you can spend a significant amount of time on the project for a while (1+ years). If you don't want to spend that kind of time on this, then the equity doesn't seem like a great idea.
Then you can make a decision based on how much you want to risk.
Without knowing the whole situation, I personally would lean towards taking cash. Offers like this are a dime a dozen. If you want to work for equity, there's tons of people looking for a technical co-founder. I would reserve taking equity for situations where you play a more active part in the direction of the business.