How to get paid at a startup company - A guide to salary, equity, shares
TL;DR: salary depends on funding (could still be high), high demand for developers, take into account different scenarios, keep things in writing, cash bonuses are hard to get, selling shares is not so straightforward, learn startup jargon.
Working at a startup is not a normal job. A part from all the differences in energy, dynamics and attitude, there is also a completely different financial world tied to it. If you're considering joining or starting your own, you should at least skim through this.
Here's the outline:
Salary
Seed-stage Companies
Bonuses
Equity
Anecdote
Starting Simple
How Much Equity
Equity Increase
Vesting Schedules
Trading Salary for Equity
Thoughts on Equity
Benefits
Conclusion
via Robby Grossman.
Published: Sat, Feb 23 2013 @ 10:39:12
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