Re:Ask HN: is this a fair offer?
by cluelessdude on Wednesday June 08, 2011 @03:31PM
(#2634652)
My current pay is probably 10-15% above average. Funding is more to the 2-4 range. My main concern is whether the equity is within the "average" for first developer on deck in a startup with VC money
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Re:Ask HN: is this a fair offer?
by maxdemarzi on Wednesday June 08, 2011 @03:51PM
(#2634727)
At market salaries average for a lead engineer is 0.5% to 1% at the Series A point. Half-salary would demand more equity.
Re:Ask HN: is this a fair offer?
by cluelessdude on Wednesday June 08, 2011 @04:00PM
(#2634770)
thanks for the link. that table is 4 years old, is it still the average?
You're the first developer on board. Get more equity, 2% would be good if they are giving you half-salary. 1% would be good if they are willing to do full salary.
Walking away from lowball offers makes you worth more in the long run.