9 ms·
Definitely take your point to heart. We've bootstrapped this thing so far, but have recently started seed rounds to find money to pay the talent. What's the go
by elikami 12y ago
Definitely take your point to heart. We've bootstrapped this thing so far, but have recently started seed rounds to find money to pay the talent.
What's the going SV rate? including some equity/title included?
- Phlarp 12y agoFor co-founder caliber talent? $100/hr or equivalent. Minimum.
- notduncansmith 12y agoBare minimum. That's less than my consulting rate in Alabama, and it's not exactly Silicon Valley out here.
- Phlarp 12y agoI feel like an hour of consulting work at that rate is slightly different. I personally wouldn't expect to bill for 2000 hours of work in a single year as a contractor. As a technical co-founder, I would expect the full 200k/yr as salary, plus equity and a cash bonus if goals are met.
- qodeninja 12y agoEngineering, depending on the discipline, is on the scale of 140-200k right now, which translates to $80-$100/hr Also don't try to force traditional business rules like 9a-5pm hours, most engineers tend to have flexible hours, be more focused on outcomes than hours.