8/22 If I join a startup as employee #100, what percentage of shares
would I expect to get? Guy Kawasaki says it's better to be employee
#10 than #100, but how much smaller share would I expect?
\_ now there's a controversial statement
\_ Guy Kawasaki is controversial.
\_ I once joined a startup as employee #4 as a senior engineer, and I
got 1%. Later I joined another startup as employee #45 as a senior
engineer, and I got 0.25%. Of course, whatever percentage of
shares you get will most likely be diluted before the company is
acquired or goes IPO, if it ever does.
\_ Is acquisition deal worse than IPO?
\_ I joined one startup as employee number #72 and got about 0.2%
(over four years) and another that was more mature and got about
half that. This was as a sysadmin. Start-up #1 quadrupled my
grant after I got promoted to Director (this was after they
went public and weren't doing so well). |