I will be the first employee at an early stage startup. I have 2 YOE and was offered 0.25% equity with standard salary. Is the equity too less?
Looks kinda less, for context I was offered 1% (over 4 years of course, subject to dilution later) for being the second employee some years ago
But also depends on how many folks they plan to hire. In my case it was only 4 hires initially
Hey @potatomato I think in this case you would be senior ~4-5 years of experience? And probably being hired to lead something?
For context, was offered 1% as well But typically at 2 YoE engineers are hired at 0.25% or 0.5%
Sharing a reference image that might be helpful Carta published this data
Thanks!
@Phoenix69 there is an AMA happening on this topic
Have asked there as well since this data may not be India specific
Equity is gamble just like lottery ticket until and unless makes it to IPO or some company acquired it is all useless ask for more salary
@Phoenix69 are you an engineer? Or do you have any professional degree like CA, CS or CWA or law?
Equity is also offered as a multiple of ctc, can range from 0.25-0.5 of ctc for initial roles. Your main asset is the fact that you are an early joinee. If you like the founder, the company and the business model, work nicely. Esops and other things will follow.
I got a offer where i will get the equity. Does people really make money when company get sold considering in my case if i get 1% equity.
Also how does it work? Suppose when we start valuation of the company is 1 cr so my part will be 1...
Fast learning and fast paced growth aside, after 15 years of MNC experience I joined a startup to get some ESOPs.. and hopefully a good buyback ..
I have worked in 2 startups now.Both of these were already Unicorns when I joined .
W...
How much ESOPs can I ask from an early stage startup (incubated). Valuation is around 12 cr. I have agreed to take a 50% paycut on my fixed, but not sure about ESOPs. Please advice.