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by joemoon 4801 days ago
I'm a day late, but it seems that nobody has answered your question. Here are some things you could have done differently:

- Have a vesting schedule for your equity. This way if things go south, you'll have a certain portion of your equity vested. - Negotiate a higher equity stake in the first place if you're playing such a founding role. In my opinion, if the product didn't exist before you joined the team, then you're a founder. Remember that we're looking at this with the benefit of hindsight. - Made the agreement up front that you had control over the technical decisions since you have the expertise to make those decisions.

1 comments

I should have done these things but I let my guard down. I'm in a city trying to be a new startup city so there was a lot of attention and money thrown at one of the first startups. Everything was given to us, everyone wanted to advise and invest in us. I assumed this community would make sure nobody on this team screws each other because it would look bad. I owned 10% outright but was dazzled by techstars into signing papers that put me on a vesting cliff.