Working for a startup makes less sense, unless you are into the mission

Re:Working for a startup makes less sense, unless you are in... by LargeWu on Tuesday March 26, 2019 @03:39PM (#19495314)

They were ISO's, I only knew how many shares I was granted, but by the time of the exit, following several rounds of funding, it ended up being around 0.02%.

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Re:Working for a startup makes less sense, unless you are in... by askafriend on Tuesday March 26, 2019 @03:53PM (#19495407)

This is the context everyone needs to share when telling their story of startup compensation.

It very much looks like you got screwed on equity even before dilution.

An early and somewhat senior employee should be getting anywhere from 0.5% to 1%. If the company is high quality, raised funding on standard terms and is actually successful, you'll still get diluted but not down to 0.02%.

Your comp sounds off by an order of magnitude based on what I can infer.

The fact that you didn't know how many total shares were outstanding at the time you were granted your ISO options is more proof that you likely got screwed.

Not all startups are like this.

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Re:Working for a startup makes less sense, unless you are in... by xmly on Tuesday March 26, 2019 @07:30PM (#19496890)

It depends on how much cash salary you received. If they pay cash a lot, the equity part is not worth that much.

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