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by nextaccountic 1668 days ago
> The difference between $175K and market rate compensation (which may be significantly higher right now, considering the job market and the skills they’re asking for) is captured entirely by the founders and investors

Why wouldn't some % of this be captured by your teammates?

1 comments

That’s why I asked about equity. If they’re giving significant equity then I have no problems with the $175K compensation limit.

One of my favorite employers right out of college did almost exactly this same thing: Everyone gets paid the same (although they had a couple tiers) and a lot of talk about how we’re all equal.

I believed it, until the acquisition event and I realized that the founders and early team members literally had 100-1000X or more as much equity than I did. All of the talk about paying everyone the same suddenly seemed like a cruel joke.