I have received a offer from a local start-up and was presented an offer.
I spent the last few days reading on this board looking for insight into the start-up financing world. The team is three co-founders, 3 developers and about 12 headcount for this year.
Here are the details:
- Salary, about 10-20% below market value for my position - Director of Sales/Mktg.
- 4 year vesting schedule, if sold shares are automatically fully vested.
- "Additionally, because you'll be one of our first employees, you'll be awarded equity in XYZ through (subject to individual performance targets and vesting)."
- "On a fully vested, fully awarded basis, we intend for your total share ownership to be 0.5% of fully-diluted common equity."
I am trying to do the analysis about what happens if the company is sold/bought. That is the end game from what I can gather... What questions should I be asking?