Re:Ask HN: Tips for evaluating a startup offer.
by iamelgringo on Saturday February 12, 2011 @01:39AM
(#2209503)
What would an appropriate level of ownership be for that kind of risk?
Working without a salary for a year implies founder level risk. Right now, they only have an idea, and no code? I'd expect as much of an equity stake as the other founder that's working without a salary, 30%.
Furthermore, if all the founders are willing to give me for my full time work for an entire year was 6%, I'd run far, far away.
Working without a salary for a year implies founder level risk. Right now, they only have an idea, and no code? I'd expect as much of an equity stake as the other founder that's working without a salary, 30%.
Furthermore, if all the founders are willing to give me for my full time work for an entire year was 6%, I'd run far, far away.