Ask HN: Best ways of letting someone go in an early stage startup?
I'm in a 1 man startup (not by design - cofounder left) and I have been struggling managing everything by myself.
I was introduced to my current contractor through a friend, so I thought she was vetted. Her background is product management. For the most part she is better than I am at picking up the phone and calling. But overall my gut tells me she can't really execute and can only delegate - typical of middle management.
She wants to come on full time. Her expectations are that the compensation package meets industry levels (self proclaimed $225k). I told her this is not possible. 1% equity and a salary at the most $100k is the most I'd be willing (assuming I find anything for her to do). But she wants 20% equity.
Any recommendations on how to handle this situation, particularly on how to let her go.
I was introduced to my current contractor through a friend, so I thought she was vetted. Her background is product management. For the most part she is better than I am at picking up the phone and calling. But overall my gut tells me she can't really execute and can only delegate - typical of middle management.
She wants to come on full time. Her expectations are that the compensation package meets industry levels (self proclaimed $225k). I told her this is not possible. 1% equity and a salary at the most $100k is the most I'd be willing (assuming I find anything for her to do). But she wants 20% equity.
Any recommendations on how to handle this situation, particularly on how to let her go.