Questions regarding payment for services rendered.
0
votes
1answer
30 views
Royalties as a means for acknowledging founders
I am in the process of establishing a business with four partners. Initially the shares were going to be split between the four partners but now it is clear that the majority of the work will be done ...
0
votes
1answer
64 views
What is a good cash/equity mix for a 1099 programmer and/or designer for 4 to 6 month term?
We have been coding now for about 6 months on our startup. Up until now, we have bootstrapped the entire project on pennies, being cash poor. Fortunately we were able to raise a small friends and ...
3
votes
2answers
122 views
It is common for salaries to stay below market rate even after an initial venture round?
I am employee #1 in a startup with some substantial equity in it.
Our startup was funded by angel money and I have worked from the beginning for a salary way below market rate. Now, venture round A ...
0
votes
3answers
53 views
Startup employer asking for w-2
I had an interview at a startup and things went well. The HR called me later and asked me what my expectation of salary was. I then told them what I was expecting. A week later, they came back asking ...
0
votes
0answers
60 views
Fair equity/cash for one year's contribution?
So I asked a broader question on this situation before, but am now trying to narrow it down to the core issue after negotiations failed yet again with my co-founders.
I am a tech guy who joined a ...
1
vote
2answers
119 views
How much equity for co-founder reducing role for academic program?
I'm a technical co-founder in a pre-funding company in a niche tech segment, working with two non-technical co-founders who have largely overlapping skill sets. I met them at a networking event and ...
1
vote
3answers
81 views
How should we compensate a non-founder in a new web-based business who is critical to the launch of the business?
We are in the very early stage of organizing and launching a new web-based business. There are two co-founders - one who is CTO and one who is CEO. In addition, we will be including a third person ...
4
votes
3answers
236 views
Asked to be CEO — what should I ask for?
I have been appoached by a private equity firm that has an idea -- a good one -- and $5M. They've asked me to be CEO and make it happen. They requested I make the opening bid for compensation and ...
1
vote
1answer
203 views
What is an acceptable commission structure for a marketing rep?
I am a marketing professional with over 10 years of successful experience. My specialty area is strategic thinking/planning.
Recently a local company in its first year of operation asked if I ...
0
votes
2answers
47 views
Which is the standard way of compensating against dillution?
First some context to my question.
I started working in a startup a year ago. Since then I've been working part time on it (around 15-20 hours a week) in an informal way (no remuneration), while ...
0
votes
0answers
24 views
What compensation should a start-up give to a contact that facilitates an exit?
What is the typical compensation a tech startup should give to a contact that has found a buyer for your company?
Thanks
1
vote
2answers
55 views
SaaS founders incentives: Business and Technology
We are two 50/50 founders of an enterprise SaaS company. both cofounders are tech people with a good grasp of business knowledge.
Mainly, one of our cofounders brought most of our clients and handled ...
3
votes
0answers
116 views
Equity for First paid Tech-employee in a not-profitable financed Startup
I'm trying to be as specific as possible here:
We are a Startup 5 months on the go with three co-founders. Since none of us can truly code we need to employ our first Web-developer and we have found ...
1
vote
1answer
50 views
What's typical in terms of royalties?
I'm a developer negotiating compensation for a commercialized version of some data analysis software I wrote (see my profile if you like). This is a completely new experience for me. I want per-unit ...
0
votes
0answers
153 views
Restricted Stock Units (RSU) in a job offer
I've seen a few job offers where in addition to the salary the company offers X,000 Restricted Stock Units (RSU). I'm still trying to understand owning equity as one of the early employees for a ...
0
votes
1answer
24 views
How to Compensate College Ambassadors
I am building a website that I hope will be very popular with college age students and I am planning on getting a few students in some nearby colleges to help pump up the idea to their classmates. ...
0
votes
0answers
21 views
Joining a startup [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
Apologies for the lack of brevity, but I wanted to give you a full picture of the situation. ...
0
votes
0answers
29 views
partnership models [closed]
I am trying to form a LLC with a Non resident. He has a company overseas running for 10 years. Both of us have a technical background.
My responsibility is to form LLC,open bank a/c coordinate with ...
0
votes
1answer
199 views
We are bootstrapping our startup, Is this a fair compensation offer? [duplicate]
Possible Duplicate:
Forming a new software startup, how do I allocate ownership fairly?
We have a team made up of four co-founders. Our equity split is:
Co-founder #1 40%
Co-founder #2 5%
...
6
votes
7answers
459 views
Potential offer as first employee at startup, worth it?
I am a software engineer with about 2 years experience and currently at a big tech company. I have an offer to join a startup that has just received seed funding of 250k and they're about 6 months ...
11
votes
5answers
277 views
Expanding development team for a startup
I'm a software developer and co-founder of a start up that's in a sprint to launch a web app the next 2 months. We have about 3 months of burn time we have before we need to get some funding. By ...
2
votes
5answers
383 views
Working as early employee but not get paid
I got hired as an early employee (employee #4) and considered as key engineer of the company. As compensation, I got some stock option grant (1%), and well below market salary (about 30% of what I can ...
0
votes
0answers
47 views
Option Grant Expires Soon but can't afford price. Workarounds?
I have a fairly large ISO grant that was awarded to me fully vested a month before I left the company (didnt find out specifics about it til after I left.) I have three months to exercise my options ...
4
votes
2answers
241 views
Is this a fair CEO offer for an experienced CFO/COO
My question/story is this: two years ago I broke ground on a startup. We planned and planned, raised some funds and broke ground writing code. Two years later we put $250k into the business, have ...
2
votes
1answer
163 views
How should early employees be compensated if founders have left and the company has pivoted?
I realize that Joel Spoelsky has written an extensive summary of how equity should be allocated (namely, fairly), but I was wondering how things might differ in slightly different circumstances...
I ...
0
votes
0answers
128 views
What is expected cash and equity compensation at a series C start up?
I am looking at a leadership position on the International side of the business for a Series C start up valued at 1bn. The job has 1 person between the role and the C-level. Company is obviously well ...
2
votes
4answers
261 views
What non-monetary rewards can I give to an outstanding remote worker?
I have a remote worker (He lives in South Africa, we are in Israel) in my team of 3, and I want to reward him for his awesome work. There is not enough budget to compensate him more but I still want ...
1
vote
2answers
121 views
Reasonable compensation for building a product prototype
I'm negotiating a job to build a prototype for some people. They will show that prototype to investors and can potentially get funded.
Do people usually get compensated for this? If so, what should I ...
6
votes
5answers
320 views
Founder is responsible for sales and wants incentives in addition to our equal compensation
My partner is the founder and I am the co-founder of our company. He has a sales background and I have operations.
We agreed for him to have more equity (50/30) as the company/products were his ...
1
vote
2answers
96 views
Partner leaving - Compensation
We are 2 partners of a shop.
From next year we will no longer remain partners as I will be starting another business. My partner would continue to operate the shop.
What are the most common things ...
0
votes
3answers
987 views
What's a typical sales compensation for professional services firms?
We are looking at hiring our first sales person (who is not one of the partners) so that we (the partners) can focus on building the business instead of Lead Generation/Qualification. The question ...
1
vote
1answer
257 views
Compensation model for a joint venture
We're looking to enter a joint venture with another entity in order to collaborate on a large IT based project. The agreement is that the other entity will provide most of the human resources, whereas ...
1
vote
1answer
166 views
Commission or Compensation for a Regional Outside Salesman for a Product-Based Business?
My Company & Personal Background
I have never hired/managed a sales person, but I would like to hire my first. From when I founded the company 3 years ago up until now, I've only received sales ...
1
vote
2answers
590 views
Fair commission for sales agent
My start-up is going to provide B2B custom software development services on a project by project basis. I have been talking to a prospective sales agent, who would take over the following ...
0
votes
0answers
100 views
Compensation for Board of Advisors of an LLC
What is the best way to compensate a Board of Advisor of an LLC? We have just started a company and would like to have about 3 advisors. A couple of the managers know some influential people who ...
1
vote
3answers
518 views
What equity should I claim as a founder CEO?
Some people I know came up with a idea of a startup. They will provide also the seed investment (50k) and contacts for future investment rounds.
I will be in charge of the start up of the company from ...
0
votes
1answer
228 views
Start up Equity pre funding
I joined a start up which had a 2mm valuation (only based on conv. notes language) prefunding/pre-rev/prewebsite with 2 full time employees (one being the founder), 3 founders and some free interns. I ...
-2
votes
1answer
123 views
pure equity compesation
I hired a full time person with equity-only compensation. The higher-than-usual rate reflects that. However the contract was not professionally written as it only mentions the equity part. Can that ...
0
votes
1answer
94 views
Where can i find comparable Sales Compensation data?
So I'm looking for some personal experiences on compensation for sales representatives from start-ups and/or established corporations. I've looked at many of the salary information websites but I'm ...
3
votes
1answer
931 views
What's a good ratio between founder equity and early employee equity?
I'm looking into the equity for the 2nd employee of an early-stage startup. I've seen lots of rules of thumbs out there (some people say 1%) but it's hard to apply because some rules of thumb refer ...
0
votes
2answers
288 views
Vesting Schedule for an initial “100% CTO”
Classic case startup, 1 biz-dev + 1 techie. The 1 techie gets to be the lone warrior to build the entire contraption. The gut rule seems 50-50, but there are complications with that. What's a better ...
5
votes
1answer
153 views
Estimating Sales Compensation
I've been operating under the assumption that I want to set the commission rate for my commission only sales reps based on: (# of sales) * (average deal value) * (r) = compensation or r = c/(N*V). c ...
1
vote
1answer
648 views
Compensation in a well-funded pre-series A startup in Silicon Valley
I have had a favorable (and rigorous) interview process at a pre-series A startup (12 months old) that has a solid product, a very good team and excellent market traction. They have raised around ...
1
vote
3answers
201 views
How can an Advisor be rewarded if there's not a VC round or Sale down the line?
A guy who's help our SaaS startup a lot in the 1st 2 month of its life has suggested that we form and he join our Board of Advisors. He's very helpful to us, a great guy and will definitely be an ...
2
votes
2answers
166 views
Investors willingness to pay founders to enable full t-ime effort
I have read all the streams here on this topic but didn't find an answer to the following specific concern:
I am one of two founders of a new web service of an idea I first developed months ago and ...
2
votes
8answers
1k views
20% equity and CTO. (Story and details). Is this fair?
This is a long exposition.
Please bear with me, I think that I need to provide as much specifics as possible, while keeping it as short as possible. Thanks for reading, any feedback is much ...
2
votes
6answers
531 views
Considering an offer from a startup, two different compensation packages. Advice?
A bit of background: The two founders are guys I used to work with before our previous employer (a SaaS company) was aquired back in 2010. One of the founders was a senior sales exec and the other was ...
3
votes
2answers
621 views
CEO Compensation for a Startup
For a startup that currently has no funding and wants to put a business team in place, how much equity would you give someone who would be coming on board as the CEO to take over the business side of ...
1
vote
2answers
369 views
How can early startup employees ensure that founders do not intentionally dilute them?
I am considering joining a startup as employee #2. I expect to receive some equity (either stock or options).
Is there any way in which I can protect myself against the founders simply issuing ...
2
votes
2answers
268 views
Head of Sales/BD/Marketing Equity Share for Prefunded Startup?
I'm considering joining a great team/early startup.
Founder A engineer / mba, brought the vision.
Founder B phd relevant to product
C head of Product - person poached from another company very ...
