New ask Hacker News story: Ask HN: How much equity to give to a mentor?
Ask HN: How much equity to give to a mentor?
3 by algo_trader | 3 comments on Hacker News.
I am boot-strapping a B2C company. This started as a pet project, but the prospects are very good. I can probably get a seed $100K-200K on my own. I a senior developer, not a good net-worker, so basically a no-body. I have connected with a very accomplished and friendly potential mentor, post-CEO, post-acquisition, connected with VCs, similar sector. We haven't really discussed anything, but i am wondering how much is a decent equity offer for his time. It would be great for him to evangelize the company and connect me to VCs. He is not interested in any operational role. I also get a good mental boost every time I talk to him. The company could potentially hit 9 figures. So its exciting.
3 by algo_trader | 3 comments on Hacker News.
I am boot-strapping a B2C company. This started as a pet project, but the prospects are very good. I can probably get a seed $100K-200K on my own. I a senior developer, not a good net-worker, so basically a no-body. I have connected with a very accomplished and friendly potential mentor, post-CEO, post-acquisition, connected with VCs, similar sector. We haven't really discussed anything, but i am wondering how much is a decent equity offer for his time. It would be great for him to evangelize the company and connect me to VCs. He is not interested in any operational role. I also get a good mental boost every time I talk to him. The company could potentially hit 9 figures. So its exciting.
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