Comment by jonathankoren
2 years ago
“Founding ____” is not “founder”. It’s just a fancy way of saying “employee”. This is always been the case.
2 years ago
“Founding ____” is not “founder”. It’s just a fancy way of saying “employee”. This is always been the case.
Do they still call themselves founding engineer at Series C? Just seems like a cute way to convince graduates it's worth being paid 1/4 what Google/Meta could cough up.
Is there any real benefit to taking ~$160k and 1% as a “founding” engineer? We’re not even close to series C yet but it’s starting to feel like I need to be more aggressive about compensation or a role change.
If you don’t become a +$100mm company (and have the ability to cash out at that position) it seems to be a pretty rough deal honestly.
No. As someone said earlier, “Founding” is a scam title. It’s just sparkle. If they’re passing that out post-A, they must really think you’re a sucker, because that’s nowhere near founding.
Depends - how much conviction do you have in the product you are building?
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Seems sort of clearly misleading at any rate.
Never said it was, its a scam title. Only time it holds relevance is again if the founder already had a success. Then the chances of the equity being worth something are higher