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by closeparen
496 days ago
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That is basically the 1% equity founding engineer model! You "buy in" with free labor, the delta between your compensation and market rate. Some of the problems are: * You can only "invest" in one company at a time this way, so the risk profile is much worse for you than for a VC with a lot of different portfolio companies. * It's rare for a 100-person company to be valuable enough that a 1% equity stake is competitive with the levels.fyi payscale. |
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