Title: Hi. I've read quite a bit about this (ones that helped me a lot were pg's <i>Equity Equation</i>, http://www.paulgraham.com/equity.html, and <i>Changing Equity Structures for Early Startup Employees</i>, http://www.instigatorblog.com/equity-early-startup-employees/2009/09/11/).<p>The deal is: I've recently received a New York's startup offer to join as one of the first employees. The startup just got its series A round, and is already profitable (a bit more than ramen), which diminishes greatly the risks. The equity offered me (1% total) strongly reflects this. Taking the equity equation formula (considering the salary, which is a bit above market), if they didn't want any profit on my contributions, they are expecting me to increase the companies worth by 2,3% (conversely, if they are taking 900% profit, they expect me to increase the company's worth by 23%).<p>The second article I've mentioned quotes a table from Venture Hacks which may suggest this is a standard. The blog author rambles the table gives not enough equity.<p>Considering I'll be the first full engineer on the team (which had mostly interns and the founders which are kinda junior programmers, with a board member representing VC and helping with the boring part of the business legalities), is this deal any good?
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