|
|
|
|
|
|
by djb_hackernews
5413 days ago
|
|
|
> Also, in the long run, equity stake > base salary, for obvious reasons huh? I think you have that backwards. In the long run very few people get the pay day they imagine when it comes to equity. Here is a guy making $110K less than his market worth. Say he cashes out in a conservative 5 years. That's on average $550K he hasn't made. Suppose the valuation is 50M that means he would need 1% stake in the company, just to break even!! And I highly doubt he has more than 1% equity from the sounds of the size of the company. |
|
|