wyvern

5 ms·

1.
by wyvern 17y ago
It's important to compare like against like. There's a bias in favor of startups because the relative positions are different; he's comparing being the owner of one against being an entry- or mid-level employee in the other. Working for a c
2.
by wyvern 17y ago
I didn't know this. This seems like a much fairer arrangement than accepting a low number on the premise that other people might needs points. I have a year's protection against employee-grant dilutions (none against investor dilution, obvi
3.
by wyvern 17y ago
Situation: so-so. 4 jobs in 4 years, but good performance/references, obvious talent that comes across in an interview. Sour notes are that I have an unfinished graduate degree (left academia for Wall St) and was laid off and unemployed for
4.
by wyvern 17y ago
Thanks. Should I try to line up a job before negotiating?
5.
by wyvern 17y ago
My plan is to wait until we're ready to formally incorporate before I raise the issue, because I'll have a better sense of what the numbers mean. I'm sure there were external people given equity (legal counsel, etc.) so it's premature to ju
6.
by wyvern 17y ago
For example if they worked twice as long as you and they took twice the risk you did then it would be difficult for you to justify more than a 1/9 stake. That seems about right. I figure I'm worth about 9-10% of the work up to now, consid
7.
by wyvern 17y ago
I figured the deal was fair because I thought salaries would be coming in imminently, and that I'd only be putting a few grand on the line. That turned out not to be the case. In truth, I don't know what fair is , because I don't see the w
8.
by wyvern 17y ago
The other founders have deferred salary as well. Obviously, no one has to renegotiate anything, but I'm asking what's fair. I can't evaluate my own number because I don't know what's happening at the bigger picture. If 30 programmers more s
9.
by wyvern 17y ago
<<Consider these things: How much did the original founders spend both in time and in money before you came along. * How much have /you/ spent in relation to that? * How affected was the outcome of the business by your presence, did
10.
by wyvern 17y ago
I disagree, because I've put 7 months of opportunity cost on the line, which is about $60k, so I definitely feel entitled to the trappings of founderdom. I'd almost certainly leave if I found out that a post-money marketing guy got more equ
11.
Ask HN: In this situation, what's a fair equity share?
13 points by wyvern 17y ago|28 comments