News for hackers. Stuff that matters.
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
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.

http://venturehacks.com/articles/option-pool-shuffle#market

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?
Re:Ask HN: is this a fair offer? by jcol on Wednesday June 08, 2011 @03:54PM (#2634741)
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.

Re:Ask HN: is this a fair offer? by knurdle on Wednesday June 08, 2011 @09:21PM (#2635631)
I would agree with this.

But I'm assuming you're a developer and the founders aren't and if they are trying to hire you, you have a certain set of skills they want.