Hacker News new | ask | show | jobs
by mljoe 3563 days ago
The engineers are not getting that obviously, it depends on how much equity they have and the difference between the amount of VC money pumped into a company and the final sale price of the company. VCs often get 2x preferred stock (at the minimum - it entitles them to 2x what they invested). This is before anyone else is allowed to see a dime. Every term sheet is different of course.