The Next Web

OCTOBER 7, 2013

“It kinda sucks to be engineer #1.”. That’s what a couple of my friends – engineers at Google and Bloomberg who have been following the rise of startup culture with intrigue – told me recently. They were referring to non-founder engineers, most commonly the first hire for technology businesses. Engineer #1?

Engineer 129

Engineer Dilution Option Pool Vesting 129

SoCal CTO

SEPTEMBER 27, 2011

Suppose further that he's going to cost $60k a year in salary and overhead, x 1.5 = $90k total. Wilson Sonsini and DFJ Gotham Ventures : The Option Pool Shuffle : Title Range (%) CEO 5 – 10 COO 2 – 5 VP 1 – 2 Independent Board Member 1 Director 0.4 – 1.25 Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66

Early Stage 391

Early Stage Equity CTO Hire Sweat Equity 391

thinkspace.com

SEPTEMBER 7, 2012

Lead Engineer 0.5 - 1. 5+ years Experience Engineer 0.33 - 0.66. Manager or Junior Engineer 0.2 - 0.33. Percent of the outstanding option pool: meaningless. Strike price of options: meaningless. The salary offered (and accepted) was quite low. Title Range (%). CEO 5 - 10. Board Member 1.

Equity 62

Equity Employee Founder CTO Hire 62

VC Cafe

OCTOBER 16, 2010

Short answer: we posted in Craigslist for “Founding Engineers&# when we were starting and couldn’t pay salaries. 5 engineers. How do bootstrapped companies hire talent? How much should it cost for a bootstrapped, lean startup to incorporate (or form an LLC)? See also [link]. Short answer: Assuming 6 people.

Option Pool 88

Option Pool Analytics LLC Startup 88

www.instigatorblog.com

OCTOBER 23, 2010

This is especially true when you think of a tech startup, where the first few hires are typically engineers/programmers. You can’t have an option pool that takes up 50% of the company’s shares, and you have to leave room for future employees as well. I do believe that early employees should trade salary for equity.

Equity 41

Equity Employee Startup Vesting 41

www.startupnorth.ca

OCTOBER 23, 2010

Lead Engineer 0.5 – 1 5+ years experience Engineer 0.33 – 0.66 Manager or Junior Engineer 0.2 – 0.33 Table 1: Options Grants in Silicon Valley for Series A from VentureHacks The numbers from VentureHacks are guidelines. They are rough estimates.Any one have sample option grants in Canada?

Employee 41

Employee Founder Salary Equity 41

www.payne.org

SEPTEMBER 22, 2011

5 Stock vs Options. 7 Salary vs Equity. Salary vs Equity. Most startups look at your compensation as a total package: stock plus salary. Since cash is precious at most startups, many will try to negotiate your salary down, arguing that equity is making up for any salary hit you might be taking. 3 Dilution.

Equity 56

Equity Employee Vesting Preferred Stock 56