Questions regarding payment for services rendered.
2
votes
2answers
371 views
How to (not) move ahead with my cofounder
I need some advice on how to handle the current situation with my co-founder. I am not happy working with him, we haven't signed any contracts or agreements, and he has put in a lot of hours over the ...
0
votes
2answers
90 views
Compensation for employee participation on internal community site
I run a site which relies on an internal social network for communication between teachers and students. Most updates to the news feed (think Facebook status update) are students posting their updates ...
1
vote
2answers
131 views
Mentor requesting for board of director role, should i offer director or advisor role to him?
We recently met a person through our contacts and he has shown interest in our startup & super liked the Idea. We had initially requested him to be our mentor, for which he agreed. In our next ...
0
votes
1answer
257 views
Profits Interest in a new LLC Start-up for an Executive Seeking Ownership Stake?
I've have been asked to head-up and manage a start-up LLC as the President/GM and sit on the board. I will have a base salary package and bonus plan; however, I've asked for an ownership stake in the ...
3
votes
5answers
392 views
Leaving an awesome startup for Big Co. Am I crazy?
I love working for my current company. The work is challenging and fun, the people are amazing, I've been given lots of opportunity, and it's just an overall great work environment.
The ...
2
votes
1answer
233 views
How do I figure out how much stock to give a developer working short term in exchange for equity?
I recently participated on a team with a developer at a hackathon. The person has their own freelance business, so unlikely to join fulltime later. They expressed interest in helping with my project ...
3
votes
1answer
272 views
Start up employment - Trial period with ambugious compensation, how to evaluate?
A company (pre-funding) wants to do a 3 month trial period with me. I received an offer for X shares of stock.
How do I determine if I am properly compensated for my efforts? The value I would ...
1
vote
2answers
799 views
Negotiating equity/commission working for friend's startup
I've been working with a friend's startup for about six months now. We have minimal revenue thus far, but things look to be on the brink of coming through. My role with the company has yet to be ...
6
votes
2answers
253 views
Is there an inbetween step between “a trial period” and “co-founder”?
Greetings,
I am planning on joining a start up with someone as a co-founder and right now we're in a hurry to get product off the ground. I've worked with this person in
a trial period and I ...
1
vote
1answer
637 views
7
votes
5answers
644 views
If newly funded startups offer salaries which are not comparable to market rate, then how they can attract top talent and be successful?
This question is related to the question: "Do newly funded startups offer salaries which are comparable to market rate?"
Apparently, it is quite common for startups to offer salaries which are 20% to ...
0
votes
2answers
758 views
What is fair equity for a lead or senior level position pre-series A?
I have been consulting with a small biotech firm that has a couple of VERY good engineer founders and no employees. They do know their field very well. They have been around for a year basically ...
1
vote
3answers
304 views
In evaluating a co-founder offer, how do you value the benefits of failure?
I'm a tech guy looking to join a company as a co-founder. Quite often companies are in various stages.
For example for 2 different business offers, pre-seed/pre-series A: Lets say founder A, spends ...
7
votes
2answers
3k views
What is the difference between Series A, Series B and Series C investment?
What is the difference between Series A, Series B and Series C investment for a startup?
How does this affect salary and/or equity expectations if I am looking to join a startup in a ...
1
vote
2answers
420 views
Commission for in-house sales activity
I'm joining a software startup as a (co-founding) CTO. I am also bringing my industry contacts into the venture, and will be the only person taking initiative on business development. My contacts are ...
2
votes
3answers
269 views
Please explain how equity % changes
I am a newbie to this, so any detailed answers would be very helpful.
Suppose a start-up offers x% (say 10%) of equity to an employee prior to finding venture capital. And say the founder retains ...
2
votes
1answer
640 views
What all-equity compensation is typical for a pre-series A startup?
I am being offered a full-time position at a start-up that has been around for 2+ years but is pre series-A. It has some angel funding.
Most likely there won't be any cash compensation (or very ...
3
votes
1answer
343 views
How should I get compensated for co-founding a new company
I have been involved in a particular industry for some time, opening my company in 1983 and selling app 25 years later. I enjoy the industry and have a good grasp of how to build a successful company ...
8
votes
7answers
452 views
Web developer in project, slow going, need advice
I was approached over a year ago by a "start up" offering me 10% in the company. I thought about it for a few days and said, "Sure, why not?".
I was sucked into the dream of being a part of ...
5
votes
3answers
3k views
Stock options/salary for VP of engineering at series B startup?
I am trying to understand the right compensation for VP of engineering at a series B company with $10+M revenue in 2010 with plans to double it in 2011. The company is 5+ years old and has gone ...
6
votes
5answers
1k views
Stock options for a senior engineer at an angel funded startup?
I joined a startup 6 months after its founding as a junior engineer (I was right out of college at the time). I've been with the startup for almost 6 years now, and I've progressed to the point of ...
4
votes
4answers
645 views
CEO Compensation
What is the average CEO compensation for a start-up - salary, bonus(es), sign-on, equity, benefits? Where can you find this information?
0
votes
1answer
605 views
Compensation for Co-founders, plus additional vested equity
I have a company share proposal for co-founders of a web-application startup. I would like to if the structure makes sense, or if anyone can suggest a more suitable structure, which has the desired ...
5
votes
9answers
1k views
How can I have people work for my start-up if I have no way to pay them?
I would like to know how I can have other people to work for me.
2
votes
1answer
624 views
ideas for compensation contract with series B startup
Hi and thanks in advance. I've done some looking around to determine where to start with startup compensation. I work as a contractor exclusively for a startup currently in series b round, I've been ...
7
votes
3answers
5k views
What's a typical sales commission for professional services?
What's a typical sales commission for professional services?
I ask because I am thinking of going into business with some friends (professional services and product company). We agree on how to ...
7
votes
2answers
4k views
What is an appropriate stock option grant for a senior engineer after the Series A?
I'm looking for suggestions as I'm considering an offer from a startup.
A friend of mine is founding a software startup together with two partners and he's looking for engineers. The idea is ...
5
votes
3answers
984 views
What is the appropriate equity % for software bootstrap key employees?
I have been working with a start up without pay for the last 8 months.
I have been a senior sales executive with tier one companies for the past 20 years. My position is to build and manage all ...
5
votes
2answers
1k views
Compensation for co-founders and employees in a startup
In my earlier venture attempts, the scenario was something like 3 guys, each of whom would get 33.3%. I found out soon that this was silly because as soon as one of us lost interest, he could do ...
1
vote
2answers
561 views
How to split profit in a property management business inc between two owners?
My friend and I are starting a property management business (inc). How do we determine profit sharing? We charge property owner a set percentage as a fee. We are thinking 50/50 on everything losses ...
0
votes
3answers
856 views
The case of a co-founder (seeking answers on compensation/equity stake)
I am writing to describe my entrepreneurial venture and seek your comments on what I should expect for myself as the new company gets started.
My colleague of many years at my previous company (a ...
1
vote
6answers
347 views
Open source model for startups - is it possible?
There is an open source development model for software which is quite popular. I am wondering if this idea is applicable for startups?
Imagine there is a web based start up at its early stage which ...
4
votes
3answers
140 views
Competing With “Fair” Wages
Right off the bat, I have decided there is no way I will be able to compete in the software/IT-services world on price. There are a number of offshore organizations, for example, that provide the same ...
2
votes
2answers
870 views
How to hire a salesman?
Usually salesmen have a base pay and then commission on each sale. I want to know how a company handles this? I mean for example a salesman's basic pay is $1000 and commission ratio is 10% for each ...
1
vote
3answers
658 views
Compesation at a Start Up - Tied to Founders Schedule
I have been offered to join the senior management of a start up. The compensation structure includes salary, equity, commission. Here are my questions.
Is it fair to ask to be tied to the founders ...
2
votes
3answers
729 views
Startup Compensation
Contract Engineer (mid 20's) involved in high tech startup companys. Questions!!!
Startup 1:
Currently no tentative contract agreement. Compenation has been less than statisfying, $20/hr flat ...
3
votes
2answers
2k views
Is it typical to trade salary for equity when joining a startup?
Suppose I got an offer from a startup that currently has funding to start hiring employees. Suppose they are offering a $100K total compensation package, such that I can choose to take a reduced ...
3
votes
4answers
297 views
Founders' compensation in business plan: include it or not?
We're presenting a business plan for our startup, and I wonder if we should include our own compensation in the financial projections. I mean, our compensation is distributed on a "as-available" ...
7
votes
3answers
4k views
Looking to get involved with a startup, but no idea on what kind of salary/equity I should expect
I'm considering joining a startup that has raised a few million in Series A funding and I'd be the second developer joining the team. I've been out of college for 4 years and am looking for a senior ...
14
votes
9answers
371 views
Taking care of beta testers
In the development of our application, we've relied heavily on a handful of beta testers. Their input has been very, very valuable and has no doubt made our application much, much better than it would ...
1
vote
2answers
3k views
Startup CFO contract / stock compensation?
I am looking for a sample contract for a CFO position in a startup company. Also, What is an appropriate amount of compensation to give a CFO in terms of stock.
Thanks!
2
votes
2answers
485 views
Compensation: How much cash compensation & stocks for professionals being brought in
Is there a principle or guideline usually adopted in structuring compensation for a professionals being brought in to the leadership team of start up/ new ventures.
Just how much of the market ...
1
vote
2answers
917 views
What is adequate compensation for consultants at an early stage (pre-funding) start-up?
I am currently offering people who work on our start-up 0.05% option to purchase vested on the 3 month to 9 month schedule. Have you had this situation before? What is fair?
4
votes
1answer
692 views
The compensation equation - what's a good mix?
Here is the compensation equation, as I see it:
Equity - how much ownership one has, and when (roughly) it will be worth something
Wage - how much salary one recieves
Career - how the position ...
