How much equity do early software engineers usually get?
How much equity do early software engineers usually get?
One datapoint: In 2022, I had an offer as engineer #2 at a venture backed startup in San Francisco for 1%. Not sure if this is typical, but I did some research at the time and it seemed about right.
I’d also be interested in knowing how much equity engineers get when they join a bigger startup later in their maturity. Ie engineer #100 for Databricks
Employee number 100 perhaps 10 basis points (0.1%)
I was employee #1 long time ago and got 5%. Another time I was employe #15 and got nothing. Yet another time I cofunded the product and got 10%.
I was employee #1 at a SaaS startup 15 years ago. I got 0.5%, which translated into 175k after tax 8 years later (500m exit). That was the only successful exit out of 8 startups I have worked at in the last 20 years.
can find more at wellfound.com (previously angellist, renamed with a shit name).