It's overall compensation. I can't say I expected to this kind of a topic here, but...OK.
I've been part of 5 start-ups, and 4 of them proved to be substantial companies. I would look at it from the Percentage of Options granted, you need to take the entire package offered into context. Meaning, what is the valuation of the company now and what is the anticipated valuation of the company in 3 years? What is your strike price? Are these restricted shares or normal shares? With this base information you can figure what the potential upside is....The other thing to bear in mind is what is your position in the company: As a developer you will not be granted as many options as the C-level executives as you will not be held accountable for the success of the company. Does the Executive Management team have a exit strategy in-place? BTW, just "going Public" isn't an exit strategy.... and there are many, many more things to consider.... GB, Bubba From: Samuel Neff Sent: Thursday, June 12, 2008 1:28 PM To: [email protected] Subject: Re: [flexcoders] Working with Start Up companies... I would say it depends on the overall package--there is no simple formula. If you believe in the product/company and are taking on the position at a reduced salary/benefits and have are receiving a stake in the company as compensation, then be sure the percentage you're getting is worth the reduced salary. If your salary is competitive then I don't see a whole lot of justification for stock/options beyond what you would get at any other company that offers options as a benefit. Sam ----------------------------------------------------------------- We're Hiring! Seeking passionate Flex, C#, or C++ (RTSP, H264) developer in the Washington D.C. Contact [EMAIL PROTECTED] On Wed, Jun 11, 2008 at 10:19 PM, erik.lockel <[EMAIL PROTECTED]> wrote: When working with a start up, what % of stock/options would you expect to get for joining the company? The company is delivering flex/air based products and you are the only flex developer and the company size is 6 people. Perhaps a touchy subject but I've never gone down this route before and don't know what I'm getting into Thanks
