relaunched
Memoir to Secure Computing Technology Corp
Encourage this person to start a little smaller, build a track record of impactful wins and use that track record to make bigger and bigger changes.
To answer your stack questions, people are successful with all sorts of tools - one stack isn't better or worse.
What are you trying to accomplish? You hacked a site (probably not legal).You reach out and reported it (nice gesture). They fixed it (the site is more secure (yay!). They offered to pay you $1k pounds (awesome!). You are rejecting the offer based on lies you tell yourself (they can pay more and if rather share it with the world be cause good things will happen for me if I do).
Bad things can happen too. They can reach out to authorities. Your current or future employer could reach your future post and decide you aren't the right person for them. The underlying company could respond to your post and confirm you weren't authorized to test and a good portion of the security community would never seriously consider you for employment.
Sure, you might be able to negotiate a little more, if you take the right approach. How much do you want? 1200, 10,000, 50,000? When you do something wrong, even with good intentions, and now you aren't happy with the amount they graciously offered to compensate you with, your approach to publicly expose them if you don't get what you want because "they can pay more" seems less like they won't pay for my expertise and more like extortion.
When in doubt, choose the path you'd be proud to talk about in a courtroom.
Ask HN: Has anyone used twitch to mentor others?
If you are not making a salary / a well below market rate salary (50k for an engineer), you are a co-founder, not a co-founding engineer.
You have to treat your business as a business. If you need the role, are paying a fair rate (salary, bonus, equity) and she's the best candidate, hire her. Then, you have a process that you can be transparent about and is fair.
Don't be bullied into something like this - it could be the beginning of the end.
Gitlab Explores Sale
OWASP LLM Cyber Security and Governance Checklist
Reddit is the Craigslist of content discovery, in so many ways.
US just got 1M sq kms bigger
Every startup "just needs more eyeballs." So startups will sign up for the promise of free / low cost users. But, they won't get them. And even if you get the exposure, the users won't stick.
I understand why you want to build this product, but you can't scale getting startups large numbers of sticky users like this.
Also, 409a is a conflict of interest, but since it doesn't negatively impact our biggest revenue streams, we'll keep doing it (at the expense of tax revenue).
That makes this investment worse than anything else you could invest in, by a factor of that non active founder.
If you don't tell investors you want out, raise money, and leave shortly thereafter, you will burn all of those relationships and damage your reputation - it's a small world. It's also very disingenuous. Investors are betting on a committed team, that will go through hell and high-water to try to make this venture work - you already know you aren't that committed. And no one can be more committed than the CEO.
If you can't get behind the pivot, the only other thing you can do is work with existing investors (at the seed stage this isn't really an option) or find a founder with previous exit, an EIR looking to step into a company, our an early employee / non CEO cofounder who exited and wants to do it again - and see if they'd be interested in the CEO role - It's a find your own replacement scenario.
As far as your equity goes - you'll get diluted a bunch, but that's okay. It's going to be hard to hear, but no real investors will allow a non-participating, former founder, of a company that doesn't have a product or any traction (in your case your starting over with a pivot) to keep 10%. That's just too much of the cap table for not enough of a business / individual contribution. It's sucks, but if you stuck around and made it to a priced round, all of your equity would get clawed back and be subject to vesting again anyway (most likely). It's just the way it goes. You deserve something for your troubles and work, but it's not going to be 10%, not going to be anywhere close.
Good luck.
Your company compensates you for work that you've already done. You are not paid in advance. You owe them nothing. Be respectful, professional and polite... but, always do what you feel is the best thing for you.
I'm not a tinfoil hat, but security can't hang it's hat on the kindness of strangers.
Enterprises negotiate. So, no matter what you propose, they will want a better deal. The simplest way to start is extend the current best pricing you offer to small businesses and throw in a modest 10-20% discount. It's a stake in the ground and shows you want their business.
Now, here's the key. Make sure you specify what that covers. For example, if small companies don't get weekly meeting during onboarding and monthly / quarterly meetings with a TAM, say that. If the enterprise wants that, they'll pay for it.
Does the enterprise want professional services? Do they want support with an SLA? Make sure they know it doesn't come with it or what it comes with is standard for all. If they want more, they should pay for it.
Once you tell them what's baked into the price, you'll find yourself with a list of things that they want, that don't come with it. Then, figure out what you can do for them and what it's going to cost.
Even after all of that, you'll look back to find they got the best deal and rightfully so. They are taking a huge risk on you. Off the cuff, if a single seat costs $49, if you can land them at $30 per user with 10-15% on top for enterprise support, it's a huge win.
Licenses in the enterprise vary, but seat-licenses are common. Multi-year agrees, for additional discounts are great, some take them and some don't. But, larger companies tend to have generous termination rights.
A lot goes into enterprise contracts. I'm happy to talk offline and congrats!
Orca Sues Wiz for Patent Infringement
This isn't gonna end well, in the short-term. However, you can prepare yourself for the longer term. Many companies, especially startups, just don't care.
Document, or send a recap email, acknowledging that you talked with your boss about the parental leave. Anything not in writing, didn't really happen - an email that they don't respond to or agree with is still good. Point out your concerns, based on this performance feedback and state that you believe it's related to bringing up parental leave - "I believe I am being retaliated against for expressing my intent to go on paterbity leave". Then, loop in HR. Then, continue to raise the concerns as they arise. The more appropriate people that get these emails, the less likely the company can claim ignorance. A pattern of behavior and negligent / discriminatory practices is what you are trying to establish. If one manager is bad that's unfortunate, if all of HR / legal / founders / CEO all know this is going on and do nothing or are complicit, that's way worse.
All the while, consult a plaintiff side employment attorney and start looking for another job. Now that I think about it, you might want to talk to an attorney first - there could be FMLA issues or CRA issues in play.
Best case, everything is documented (keep copies of your emails / slack / etc, for your records) and the company changes their ways. Worst case, you get fired and your attorney takes it from there.
Good luck and I'm sorry this is happening to you.
- If you invested at the tail end of the good times and are upset that everything re-priced, that's just how things go sometimes.
- If you are a part of a round with other investors, you all have the same terms. Changing just your terms will create problems. Changing everyone's terms will create problems.
- Early investing is about swinging for the fences. No matter what the terms, as long as they are somewhat reasonable, will have great upside. If the company is a bust, your investment is worth nothing. If there is a small / non-existing exit, you have blah returns. A little more or a little less doesn't really matter.
Unless there is more to it, you're probably having buyers remorse. It sounds like you weren't really mentally prepared to invest in startups and that's a tough place to be.
Best of luck.
A couple things:
>At this point in your career, no one is paying you to explain anything to them, u less they ask. Your unsolicited opinion is only doing you harm.
>Your are the most inexperienced and, likely, the lowest paid. You will get the grunt work.
>The fact that you are overqualified is of no consequence to them.
>Not all jobs are like this one. But, many are. Just do the best job you can do, until you find another one.
>Don't burn any bridges. The best outcome is making everyone love you and think you are a huge asset. Trying to reason them out of their plan will make you an ass^at, not an asset.
Good luck.