How much equity did you give to first generation-hire engineers (non-founders)?
Hi, all! Would appreciate your guidance: We're looking for examples of pre-investment equity compensation ranges for first-hire senior & mid-level developers (one is coming in as a Director of Engineering from another startup, the other is senior front-end Flash/Flex/Actionscript guru). These would be initial "first-generation" hires, joining the co-founders. I know this will also depend on the balance between cash comp & equity, but let's assume market-standard cash comp is implied. Thanks!
2 comments
Okay - first question, after reading the links presented, is "Are you sold on giving them equity or are you considering paying them straight salary?"
In addition, we would be offering market-rate base salary, which is a bit easier to find benchmarks for. The first link was very helpful, however, it didn't seem to include a discussion around ranges of equity for such roles at such a stage, i.e., pre-investment. I've seen some other blog postings on the subject but for post-investment, Series A-stage.
If there are others that have suggestions or data points, they're most welcome! Thanks!
If there are others that have suggestions or data points, they're most welcome! Thanks!