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Ask YC: What would the salary range be for programmers?

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Re: Ask YC: What would the salary range be for programmers?

#11
post #8

For the very earliest employees in a startup, you should pay little more than living expenses in salary, because you only want people who want mostly equity. How much equity to give them is always a negotiation. The underlying principles are described here: http://paulgraham.com/equity.html

thanks pg ;-D

Re: Ask YC: What would the salary range be for programmers?

#13
80,000 to 120,000 depending on experience.

Anything less, and you are getting screwed. Anything more, and you are actually good either technically. or at negotiation.

Don't sell yourself for little thou. You have all the power of negotiation BEFORE joining the company. After that, it will be very hard to get any big raises.

The other thing, is to consider equity. Are you joining as just an employee of as a early starter employee that will creat their technology backbone.

Re: Ask YC: What would the salary range be for programmers?

#14
post #8

For the very earliest employees in a startup, you should pay little more than living expenses in salary, because you only want people who want mostly equity. How much equity to give them is always a negotiation. The underlying principles are described here: http://paulgraham.com/equity.html

That was an excellent article, I think. I was following along up until the 1.5 multiplier, 50% "profit", 11.1% "retail" price part. I have no idea where those numbers came from. Will someone please enlighten me?
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