Early Employee
A founder who will take 1% of the company instead of 25%. This is a polite way of saying "sucker."
CEO: "We couldn't have done it without a few great early employees."
employeeNumbaOne about 4 years agoA founder who will take 1% of the company instead of 25%. This is a polite way of saying "sucker."
CEO: "We couldn't have done it without a few great early employees."
employeeNumbaOne about 4 years ago
I still wouldn't minded having been an early employee at Facebook or Uber.
This is total and utter bullshit. The founder risks his entire savings, family/friend relationships and pours his life into his startup. When things finally begin to work he goes out and hires the first few employees. In return the "early employees" get paid market rate or slightly below market rate and get equity and the founder gets painted as a greedy bastard? Who is the real sucker here
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