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Ask HN: How should *employee* comp change post Series A?
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4 points
by anonengineerer
2101 days ago
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I'm an early hire at a startup (~10 people) which just closed a $6M Series A. We're all working for below market salary, and our founders have proposed a 10% salary increase (no equity change) as our post-A comp. How can I understand if that's reasonable? For reference, most of us are making about 70% of market after the raise. |
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Ask for more, worst case they come back with no, then you have to decide if you want to stay at that rate. Odds are your stock isn't going to be worth a lot, but I am a pessimist when it comes to equity.