Re:Ask HN: How much equity should I ask for?
by launchplus on Monday April 30, 2012 @12:01PM
(#3909769)
I just made this mistake last year when I joined a startup that offered me a below-market-rate salary + % shares to "cover" for the lowered salary.
Sounded like a good deal as I was naive and this is my first time joining a startup and having to deal with all these equity thingy. Turns out after converting all preferred shares to common stock, there's virtually nothing much left.
Sounded like a good deal as I was naive and this is my first time joining a startup and having to deal with all these equity thingy. Turns out after converting all preferred shares to common stock, there's virtually nothing much left.