[PragmaticPulp]

> They are about to close on their seed funding though and I'll be joining after right after that.

Hold on - They are raising funding right now, but planning on bringing you in after fundraising?

If you're truly a co-founder, why aren't they bringing you in now? I'd be concerned that they're using you to secure fundraising, but they're getting the best of both worlds by waiting until after funding to give you less equity than a co-founder.

Be wary of accepting a "co-founder" position where you're being treated more as an employee. They seem to be working to cement their status as the actual founders and add you on later with an arbitrary title.

Do you know how much equity they have? How big is this "founders pool" of equity?

Frankly, between the significant salary and the fact that you're being excluded from the founder's list before seed funding, I think it's more accurate to view this position as a regular post-funding early hire. I think 5% equity is not uncommon in these positions, give or take, though you could be able to negotiate more if they're really interested in bringing you on as an actual co-founder.

[buzzthro]

> Hold on - They are raising funding right now, but planning on bringing you in after fundraising?

That's right.

> Do you know how much equity they have? How big is this "founders pool" of equity?

They're saving approximately 7% for ESOP and proposing < 10% equity for me depending on my base salary with co-founder title and may be a board seat later.

I think I agree with what you're saying. It does feel like a regular post-funding early hire.