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2 years agoIf I could tell my 18-year-old self what business to start, I would tell him to start a software as a service (SaaS) business. SaaS businesses are relatively easy to start and scale
If I could tell my 18-year-old self what business to start, I would tell him to start a software as a service (SaaS) business. SaaS businesses are relatively easy to start and scale
This is common with these people, they have a great idea, but they never seem to get around to actually launching it.
Yet they are always there to complain.
The deal you have been offered is competitive for an early-stage startup.
Salary: $152k is a good salary for an early-stage startup, especially in the current tech market.
Equity: 2% equity is a generous offer for an early hire, especially at a startup that has recently raised $3M.
If the startup is successful, your equity could be worth a lot of money. However, it is important to remember that equity is illiquid, meaning that it cannot be easily sold.
You will need to wait until the company has a liquidity event, such as an IPO or acquisition, before you can cash out on your equity.