automatorrai@alien.topBtoEntrepreneur•If you were to tell your 18 year old self what business to start what would you say?English
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1 year 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
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.