How to get paid at a startup company - A guide to salary, equity, shares, vesting, bonuses, payout etc
TL;DR: salary depends on funding (could still be high), high demand for developers, take into account different scenarios, keep things in writing, cash bonuses are hard to get, selling shares is not so straightforward, learn startup jargon.
Working at a startup is not a normal job.
A part from all the differences in energy, dynamics and attitude, there is also a completely different financial world tied to it. If you're considering joining or starting your own, you should at least skim through this.
Here's the outline:
How Much Equity
Trading Salary for Equity
Thoughts on Equity
Some good links for further reading:
Table of Option Grants
Chris Dixon on shares
Brad Feld on vesting schedules
Investopedia jargon definitions
Tony Wright on startup salary
Co-founder equity calculator
Vesting schedule calculator
Calculator For Funding And Equity
The $100 Startup - a classic
Books recommended by Tim Ferriss
via Robby Grossman.
Published: Sat, 23 Feb 2013 18:39:12 +0000