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I don’t know what market rate was. I started as a community manager and they gave me $10 an hour. this converted to 28,000 a year after two months to see if they liked me i guess. After three mo, I was promoted to community manager, making 36. i doubt this was “market” though.
Yeah. Seems low without equity. Would have thought the only way they could get good folks without options is good salary. Hopefully you'll have plenty more success to make this seem like no big deal.
Even tho equity is not a "right" it's how startup game is set up. Very very few SUs pay close to market rate yet demand more of ea/ee than any other co. in same industry. So no not a "right" but fair b/c SUs expect ees to work as hard as founders. Otherwise call it an internship
Or just a cool job with below market pay where the decisions you make actually matter. Equity isn’t always needed. Additionally, if the company doesn’t plan on selling what’s the point of equity
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