Re:Ask HN: How much equity to accept as the sole tech co-fou...
by buzzthro on Friday February 11, 2022 @11:37AM
(#30303468)
> Hold on - They are raising funding right now, but planning on bringing you in after fundraising?
That's right.
> Do you know how much equity they have? How big is this "founders pool" of equity?
They're saving approximately 7% for ESOP and proposing < 10% equity for me depending on my base salary with co-founder title and may be a board seat later.
I think I agree with what you're saying. It does feel like a regular post-funding early hire.
That's right.
> Do you know how much equity they have? How big is this "founders pool" of equity?
They're saving approximately 7% for ESOP and proposing < 10% equity for me depending on my base salary with co-founder title and may be a board seat later.
I think I agree with what you're saying. It does feel like a regular post-funding early hire.