At starting stage of startups, should we keep our team on equity basis, or regular salary basis, and if equity basis then how to decide and should founder keep more than 50% ?๐ค
Many startups offer equity in place of a competitive salary. But how many of those equity offers actually pay off?
Is it smarter to take a low salary with high equity or a high salary with no ownership?
If joining an early stage startup, evaluate team, product, equity, salary, in that order.
If investing in an early stage startup, evaluate team, product, terms, revenues in that order.
- Naval Ravikant
