His argument is that he put in the money in the first 1.5 years whereas I drew salary. To what extent should that affect the equity split?
There are companies that are very keen on hiring me because they've seen what I built in my brief working experience. My boss has already agreed to raise my pay once the investor money comes in (we have a chunk coming in soon) and discuss increasing my equity. What I want to know is how much equity I should be satisfied with, because I want to be well-prepared when this discussion occurs. It's a good idea and the company is at a turning point, so there is a chance it will take off. As the first employee and first technical person, I have a much better argument for higher equity here than at any other company, so if he gives me enough I might consider staying. What is a reasonable range for a situation like this?
I'm in a bit of a weird situation right now so I'd appreciate some advice.I joined a start-up fresh out of university as the first employee with a non-technical founder, taking (at the time) at least 25% less than my market rate. At the time, I settled for it because it is a project I was really excited about and it was a great portfolio building opportunity for me as a developer, and I was...