wetzler
Best Inventions of 2012
Keen IO Will Make Your (Analytics) Dreams Come True
Spying on you guys is so much fun Part 2.
Just because the barrier to entry is lower than I expected does not mean I think your job is easy. I have a ton of respect and admiration for developers. I have led teams of developers that could do things I could never do. There is no need to get defensive.
The google translate metaphor is actually pretty good. Tech is evolving to make it much easier to learn. A lot more folks can dive in now. You don't always need to find a translator :)
Spying on you guys is so much fun
Work with People You Love
[don't shit where you eat] If things start to get uncomfortable, for whatever reason, I can get another job. I'm smart enough not to be 100% confident things will work perfectly. However, I have lived with Kyle and the other founders for 8 years. We have a long and stable history.
[your husband is your boss] Kyle is a leader, but he's not my boss. We are a six person company and no one here has a boss. We treat each other as peers. So far it is working great. If we need to establish a hierarchy at some point, I trust we are capable of architecting it wisely. We are kind of obsessed with the organizational design of the company.
[two eggs, one basket] I'm not too worried about either of us being able to find a job. We have valuable skill sets which are in high demand. Plus, I have savings from my previous job.
[why did you blog this??] I put this on the blog because I thought it would be helpful to other people. It has received overwhelming appreciation.
Keen allowed it on the blog because we support a culture of transparency and because we think maintaining a blog that is useful to the tech community is helpful for our business. So far, it has worked very well.
[your finances will be joint, so why does it even matter what you get?] I'm offended by this question. I have always been the high earner in this relationship, and I still am. My salary matters a lot to me. The only way your question makes sense to me is if you think Kyle is rich (he's not), if you think he makes all the salary decisions in the company (he doesn't), or if you are speaking in the context of antiquated gender roles.
[you're weird] Thank you.
"Hi, I’m Michelle. I recently left my job as a technical consulting manager and joined my best friends and my fiancé, Kyle, at Keen.io (I wrote about that here <link>). This is the story of how I negotiated my compensation."
I'm pretty sure consulting work will still be there if the startup doesn't work out. I have SAP and Salesforce.com experience; both are widely implemented across the US.
Some things to consider: 1. Consulting work is still there if I need to return to a higher salary. 2. My salary in the startup will be adjusted if the startup does well. 70k will not work out long term in SF, but it's ok for a year or so.
Thank you for bringing it up here, it could be a significant differentiator for some folks.
The founders also set expectations that we'd adjust salaries to market value in the event of a Series A, though that isn't something I relied on as a part of my decision.
I think in the end being friends made the negotiation much easier. I am confident we all wanted what was fair for the business and each individual, and were able to talk at length about that until everyone felt comfortable.
However, I feel no need to mention my gender or sexuality when introducing myself. If I didn't have a clearly female name, should I have said "Hi, I'm Pat, and I'm a female in the tech industry"?
I tried to take the approach you recommended and arrive at some numbers completely independent of the offer. I don't think I made that clear in the post, though.
Calculating the company's worth based on the offer is a cool idea, wish I would have thought of it at the time.
A big Series A is important because we discussed adjusting salaries to market value in the event of a Series A.