I've recently been headhunted by a startup a year old which I am very interested in leaving my current position in a large established business in the same industry for.
There are a number of people doing freelance work for the company (as part of the business model) but I would be the 8th salaried member of staff. They have started quite promisingly and my exact role is yet to be defined - I've been recommended by a few people there who have worked with me previously and they've asked if I would be interested in joining.
My current salary is reasonable for my level, and i'm expecting to have to take a pay cut to join - however I was wondering if anyone could give me some advice on what is a reasonable expectation in terms of gaining equity/typical start up salaries vs the market?
In order to move from my current position where I have decent career prospects I'd like to see the reward for the risk, but have no idea what is reasonable in these circumstances. I know it'll vary on lots of factors but how do i approach it?
Thanks for your advice.