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Re:Ask HN: I've been offered some equity for work as Employee #1 on Thursday December 01, 2011 @01:02AM (#3298587)
I am not totally convinced that he knows the space well myself.

I find myself trying to justify sticking with them, maybe negotiate a lower working time/commitment for the same pay (provided that they cannot afford to increase the pay) in exchange of losing this friendship and potential network.

Although I still think I'd be shortchanged.

Another worrying trend I feel is that while I'm probably 'employee #1', I find myself doing more architecture/design work than the technical co-founder as he is a relatively new programmer.

What would be a good way to ensure that I do not burn bridges while negotiating and/or rejecting?

Re:Ask HN: I've been offered some equity for work as Employee #1 on Wednesday November 30, 2011 @11:48PM (#3298399)
I'm a freelance developer.

The amount of money that they offered will not last me more than a week.

The company is in the space of business intelligence and their customers would mostly be corporate/startup owners.

I'm not crazy over the idea, but it does sound viable but then again there's so many competitors in this field.

The only saving grace is that I find that the CEO guy with his previous experience managing a medium-sized company may be able to use his connections to get customers.

And the startup environment where I am in (Singapore) may be advantageous to him where angels and government grant givers take previous working experience before giving out cash.

Ask HN: I've been offered some equity for work as Employee #1

Hi HN,This is a throwaway account as I'm pretty sure the people who know me knows my user account here.I'm kinda in a weird situation right now. I'm actually a freelance Rails developer who have been taking on projects from startups.I've recently been approached by a local startup to help with their Rails development and I have been heading down to their office to do some pro-bono work for them...

( Read More... | 8 comments | 5 points | on HN )