Comment by astrange
4 months ago
> Many of us spend our lives writing software that has lasting benefit for our employers but our reward is a flat hourly fee.
There's plenty of companies that offer stock compensation. You may have to move to work for them, of course.
That said, the flat hourly fee may be a better deal. If you take a % of the profits, those profits may be negative!
I view stock compensation as not the same thing, especially when term sheets have become structured to minimize value to early employees.
Companies adjust their stock compensation plans to ensure they don’t exceed market rates of compensation.