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by ok_craig
4169 days ago
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Pretend the company is valued at $1m. Pretend you consider a standard programmer's salary to be $100k. If they offer you a $75k salaray, you are saving them $25k/year. Assuming you'd be there for 4 years (because that's how often most vesting periods are), you are saving them $100k. $100k of the company's $1m comes from your substandard salary. So you should get $100k in equity. That's 10%. If they try to convince you that you don't deserve that much because the value of the company will rise in the future, ask them where the signed term sheets for the next round are. |
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