If you don't risk your well being joining the saas company (imagine being fired after two years ..?), ask for at least 30 % equity, if they ask for a vesting schedule ,ask to keep the same salary 250 K untill equity vested.
My two cents:
Ask for a market salary
And add a condition linked to dilution:if he dilutes you by 50% , salary rises by 100% and so on
That way, you garantee yourself a market salary and if the investors come, your salary will increase accordingly if you are diluted.
Location:Casablanca, Morocco.
Remote: yes.
Willing to relocate:yes depends on the country.
Technologies:C#,Python, .NET ,.NET CORE,MSSQL,PostgreSQL,REACT ,REACT NATIVE, XAMARIN
Resume:email me
Email:amourgh at gmail dot com
I work as a consultant and a CTO for two people startup building a product(asp.net mvc,sql server).Here is what i'm doing :
Week days:work for two hours /day on the product no matter what(early on the day or after cosulting job hours).
Saturday: 8 hours on the product.
the difference beteen me and you is that i have a cofounder taking care of the marketing ,business side.May be you need your wife help on that or get a cofounder and give hime some equity.
Man,a startup(coding in the begining,...) is like a marathon.if you work 8 hours/day with quality and focus it's enough if you can continue.
Working 15 hours/days and being sleep deprivated will leave you burn out.A good sleep is necessary for a good work.
it's oki to be impatient with the small steps ,but be careful with your health(the long term)that will help you finish the marathon