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Re:Should first employee at YC funded company work for free? by grimlck on Sunday May 15, 2011 @10:21PM (#2551395)
I would actually go even further, and say that unless your equity is comparable to that of the founders, you absolutely should not be working for free.
Re:Should first employee at YC funded company work for free? by stretchwithme on Monday May 16, 2011 @12:27AM (#2551646)
It all depends on your market value, how much the founders have done so far and how much cash they've invested, your responsibilities. Founders themselves don't necessarily have the same amount of equity.

But, yeah, if you're getting half a percent of the shares and they each have 42%, you better have a decent salary.

Re:Should first employee at YC funded company work for free? by pbreit on Monday May 16, 2011 @12:22AM (#2551638)
The founders clearly do not consider this person a founder so I don't think founder equity is appropriate at all.
Re:Should first employee at YC funded company work for free? by anamax on Monday May 16, 2011 @01:14AM (#2551727)
The founders opinion isn't decisive.

Even if it's legal to make such an offer, no one is obligated to accept it.