Ask HN: How much equity when joining a 1M revenue startup?
I consulted for this company since inception and now they are doing 1M in revenue per year.They are bringing me in as CTO for 1.5% + salaryDo you think this is a good deal?Thanks.
throwconsultant on Hacker News
I consulted for this company since inception and now they are doing 1M in revenue per year.They are bringing me in as CTO for 1.5% + salaryDo you think this is a good deal?Thanks.
I did the same thing outlying what's done in the 3 week that I did so that they know where their money is going.
> I'm guessing you don't feel great right now and keep thinking about this. I find it best to just write down what you would do differently next time and try to move on because there's no point overthinking it.
Yes. I definitely feel like shit. Gladly, I'm a positive person and now just making sure I do better on the next project. My consultancy still has other clients at the same time launching our own product in a month with our product team so hoping for the best all around.
The feedback here has been super comforting despite everything so thanks to all!
I took this option so that relationships are not severed and just a learning moment for myself.
Honestly I'm now at my lowest point now since I never had negative feedback on my work even at times where I winged it. To give some context, I also have a side project that a 100k daily users, and some open source contributions to add to that. So technically I can assure that my technical skills are on point. Just unfortunate that this happened.
There was no sign of me not doing my job well until I started to bill, all the issues came out.
This is all because we know each other and have had a previous professional working relationship. Everyone that worked there pretty much became my friends also.
- finish company service (given their not clean data)
- finish integration with X api
- finish integration with Y api
and that would be finished in 4 weeks.
I finished all of those and apparently was not enough because they thought it was me not being a "consultant" by not helping cleanup the data and therefore everybody was delayed.
Hi Everyone,Posting on a throwaway for anonymity.I recently finished a 3 week engagement with a client. Everyone was happy when I was working there and I did not feel like I was the lagging person and we reached the deadline, but when I start to bill, all of a sudden they told me I did not do a good job.We had a deadline Oct 7. I was to implement a service that would consume data and expose the...