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Re:We need to rethink employee compensation by toby on Wednesday June 24, 2015 @03:25PM (#9773891)
There's probably an even simpler model than that. Consider the pay cut you'd take to work at the startup... how much equity did the seed-round investors get for that much money? Multiply that by 1.5-2x (just a guess, perhaps someone has a better idea) to account for their liquidation preferences.

If that's less than your equity stake, then take the corporate job and use the extra cash to invest in startups.

Re:We need to rethink employee compensation by Balgair on Wednesday June 24, 2015 @04:31PM (#9774278)
Good idea, but then you are relying on what they told you the investors put in for that equity. If you can find another method to verify that info, all the better. Also, you are correct in saying that you should get at least that valuation matching, if not more due to the seat you put in.
Re:We need to rethink employee compensation by ryandrake on Wednesday June 24, 2015 @03:43PM (#9773999)
How would they, as likely a non-accredited investor, "use extra cash to invest in startups?"