www.avc.com

SEPTEMBER 22, 2011

The second bracket is Director level managers and key people (engineering and design superstars for sure). The third bracket are employees who are in the key functions like engineering, product, marketing, etc. Then you multiply the employee's base salary by the multiplier to get to a dollar value of equity.

Equity 64

Equity Employee CTO Hire Fractional CTO 64

Startup Professionals Musings

SEPTEMBER 22, 2012

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 230

Stock Options Stock Advisory Board Startup 230

Startup Professionals Musings

JULY 24, 2011

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Equity 234

Equity Advisory Board Stock Options Stock 234

Hunter Walker

JUNE 25, 2021

Ken’s argument is that most tech companies treat product management careers in a very different way than they do engineering and design. So, in my experience, the senior product managers who had also opted out of the standard VP promotion track, were also the truth tellers, the culture carriers and the inglorious but complex work-doers.

Management 98

Management Product Vesting IPO 98

Startup Professionals Musings

MARCH 29, 2015

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock Options 120

Stock Options Stock Advisory Board Startup 120

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

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. I do believe that early employees should trade salary for equity. And if the equity values increase, it provides more reasonable wiggle room between salary and equity. 1% is just not a lot. Not a bad payday.

Equity 41

Equity Employee Startup Vesting 41

Austin Startup

AUGUST 20, 2017

They’re looking to be paid properly in the context of the overall salary structure, including cash, benefits, and equity, and to be paid commensurate with performance. Set any vesting schedules and expiration dates on roughly similar terms, if for no other reason just so you can track all of them correctly. Don’t be the plaid guy.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Professionals Musings

JUNE 20, 2010

By the way, you will normally only be offered “options,” which vest over a 4-year period after a 1-year “cliff.” CEO brought in to replace the founder, 5 - 10% CTO, CFO, VP of Marketing or Sales, 1.5 - 3% Chief Engineer or Architect, 1 - 1.5% Advisory Board Member, 1% Senior Engineer,3 -.7% 7% Product Manager,2 -.3%

Stock 144

Stock Stock Options Advisory Board Startup 144

Berkonomics

APRIL 4, 2024

As soon as any outside money is ingested into the corporation, others have a vested and legal interest in the behavior of officers entrusted with the best use of funds. I engineered the extraction of the outside investors, even at a near total loss. Start-ups with one founder rarely have or need a board of directors.

Covenant 48

Covenant Software Review Stock Options Vesting 48

www.payne.org

SEPTEMBER 22, 2011

4 Vesting. 7 Salary vs Equity. You usually dont get all of your stock up front; it vests over a period of time, starting from your first day at work. Vesting parameters vary widely, but a classic model is 4 year vesting, a 1 year "cliff", and then monthly or quarterly vesting after that. From Payne.org Wiki.

Equity 56

Equity Employee Vesting Preferred Stock 56

grasshopper.com

SEPTEMBER 24, 2011

Equity-based pay is often used by the founders of young start-ups who want to grow their businesses but cannot offer big salaries to qualified professionals. In this scenario, your expected salary is reduced and augmented with equity. These are: Senior engineer: 0.3% Mid-level engineer: 0.2% Vested Equity.

Equity 41

Equity Vesting Sweat Equity Salary 41

ConversionXL

NOVEMBER 6, 2019

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. is a SaaS tool that companies can use to assess engineers before they hire them. Vested Technology spent $17k on their MVP. Qualified.io

Sweat Equity 78

Sweat Equity Software Review Vesting Cofounder 78

Scott Edward Walker

JUNE 23, 2011

Not only are there key contractual issues that must be buttoned-down (like vesting and IP assignment ), but also there is a minefield of laws and regulations that must be complied with. This is sometimes an overlooked issue for Web/tech startups — particularly those hiring engineers who are attending (or recently graduated from) a U.S.

Accredited Investor 82

Accredited Investor Sweat Equity Los Angeles Finder 82

ConversionXL

NOVEMBER 6, 2019

Running comparative calculations, Arsenault figures that “two senior engineers plus a product manager/marketer for 40 hours per month, times 6 months, would be 720 hours to get to our MVP. is a SaaS tool that companies can use to assess engineers before they hire them. Vested Technology spent $17k on their MVP. Qualified.io

Sweat Equity 50

Sweat Equity Software Review Vesting Cofounder 50

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. The founders along with all the other employees would vest their stock over 4 years (earning 1/48 a month).

Founder 245

Founder Technical Review CTO Hire IPO 245

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. How long should people vest – four years? Investors routinely subject founder shares to vesting, but there is no rule that says that founders cannot, or should not, impose vesting on themselves.

Equity 62

Equity Employee Founder CTO Hire 62

Hunter Walker

OCTOBER 22, 2021

This is true of every discipline whether it be product, engineering, sales and so on. Start their salary/vesting on the first day of the vacation and then let them be off for two weeks (this is worth it in extreme cases where you are really worried about the gap between them accepting and starting).

Hiring 147

Hiring Vesting Salary Naming 147

www.paulgraham.com

APRIL 28, 2010

Another difference with large investments is that the founders areusually required to accept "vesting"—to surrender their stock andearn it back over the next 4-5 years. vesting would in that situation force founders to toe the line. Some investors might expect the founders to accept vesting for asum this size, and others wouldnt.

Technical Review 76

Technical Review Startup Software Review Vesting 76

Berkonomics

SEPTEMBER 13, 2010

As soon as any outside money is ingested into the corporation, others have a vested and legal interest in the behavior of officers entrusted with the best use of funds. I engineered the extraction of the outside investors, even at a near total loss. Start-ups with one founder rarely have or need a board of directors.

Covenant 59

Covenant Software Review Stock Options Vesting 59

www.chubbybrain.com

SEPTEMBER 28, 2011

If you are an entrepreneur seeking funding, try our free Funding Recommendation Engine to identify a list of angels, venture capital and state grant programs that best match your business. Go vest yourself. So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders.

Software Review 79

Software Review Startup Technical Review Vesting 79

www.chubbybrain.com

SEPTEMBER 28, 2011

If getting VC or angel money is one of the ways that will help you avoid failure, why not check out the free Funding Recommendation Engine here ? #20 So, the best way of dealing with this issue is to take a long, long vesting period for all major sweat equity founders.”. 20 – Start the company at the wrong time.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

maplebutter.com

JANUARY 8, 2013

If you’re looking for a designer, engineer, or biz marketing guy – go to meetups / conferences that those people would go to. With that live, you’ll be able to show other smart engineers and advisors that you’re willing to take some risk and build something. A+ engineering talent. Should I require and NDA? Then launch.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Both Sides of the Table

FEBRUARY 14, 2016

” “Mark has a vested interest in talking down valuations of startups.” The increase in companies spreads out great engineering and product talent into many more companies (many not likely to succeed) versus consolidating resources fewer, more transformational companies. ” “Sure, prices are dropping.

Valuation 150

Valuation Down Round Startup Later Stage 150

blog.expensify.com

APRIL 24, 2012

I am the VP of Engineering at a cutting-edge startup that sells software built on the.NET platform. You whine about how hard it is to find good engineers, then go on and on about how you intentionally avoid at least half of the market for skilled people? It’s also missing the point of engineering anything. Elaine Kenny.

Java 107

Java PHP Software Review Coder 107