Ask YC: Normal Options/Equity for Employee Number 1
Not sure if this has been posted before, but I have a few questions.
1. What would be considered fair equity for employee number one, in a startup, considering there is another developer and slightly below market pay (let's say... 25% below market, 75k when market is 100k) with an incomplete product?
2. What is considered a normal/common vesting period for equity?
3. Lastly, what are the downsides of a revenue share only package?
1. What would be considered fair equity for employee number one, in a startup, considering there is another developer and slightly below market pay (let's say... 25% below market, 75k when market is 100k) with an incomplete product?
2. What is considered a normal/common vesting period for equity?
3. Lastly, what are the downsides of a revenue share only package?