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A comment on Joel Spolsky's Totally Fair Method to Divide Up The Ownership of Any Startup.. Parent comment

Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner... by biobot on Friday January 20, 2012 @01:17PM (#3490474)
Interesting! But I think $70k salary for early employees is not realistic. They will probably take $10k-$20k less than market price for significant shares.
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Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner... by vidarh on Friday January 20, 2012 @02:28PM (#3490837)
If even that. As I've pointed out elsehwere, when I've joined startups as a regular employee, I've demanded raises and gotten them.

If those tiny differences would make and break the company, it's underfunded and I won't have anything to do with it, or it's too early for them to start hiring and they should offer substantially more equity and involve me as a co-founder.

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Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner... by rokhayakebe on Friday January 20, 2012 @01:35PM (#3490561)
If you can pay someone 100K + equity, you should just pay them 120K and not have to worry about that.
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Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner... by autarch on Friday January 20, 2012 @01:37PM (#3490573)
My experience has been that startups demand a larger pay cut of early employees.
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