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Tayyab - d/acc
@tayyab
Scenario: 2 founders, hiring first eng hire (both founders are technical, one more than the other). Raised a round ~$2M. What is fair equity for this engineering hire?
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Kacie
@kacieahmed
are you the founder? DM me! Also went through the allocation process earlier
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dinislam
@dinislam.eth
there is no good reason to be 1st hire, you take the same risk as the founders and get none of the rewards source: I’ve been the first hire
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Liang @ degencast.wtf 🎩
@degencast.eth
Depends on how much they rely on the first eng hire. Annecdotally I was offered 10-20% as cto to build up the dev team and launch their mvp (already raised 1.5m, one of the exsting founders is technical)
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randychai.eth
@rcyh
It depends on what’s the total compensation package. If you’re not getting any salary, you should be brought in as a co-founder with >10% equity. If you’re getting above avg salary, then anything <2% is fair. If you’re getting avg or below avg salary, then negotiate for 2–9%.
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Jason Goldberg Ⓜ️ 💜
@betashop.eth
1-4%
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julien
@julien51.eth
I'd need more context but i'd say 2 to 5% seems like a good starting point.
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Kacie
@kacieahmed
Imo anywhere between 0.25%-1%. I’ll double check the numbers for you tho. A higher % is for if you were being brought in without being paid— but you are getting a salary. IMO 3-5% is too much, but I’ll check for you what we offered our founding engineer and get back to you
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Zinger ↑ is job hunting
@zinger
Need more context but I’d say ~3-5%
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David Furlong
@df
depends on a bunch of things, 0.75-4% range
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jp 🎩🚢
@jpren.eth
Sending you a DC
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dinislam
@dinislam.eth
20%
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