CTO: Equity agreement vs Employment agreement vs Consulting agreement

jennzee's profile thumbnail
Hi Jules, My co-founder and I are in a very similar bucket. Our experience thus far is that it depends on what your candidate is willing to do. We have spoken to some who want a salaried position (but then arguably you could say they receive less equity), which we could only do post raise. We have also spoken to some more flexible and understanding the needs of a pre-seed start-up >> they have suggested e.g. 6 month contract to cover living expenses and bills with the intention to change to full time employment post raise. It seems like it really depends on what candidates are willing to do. In our job spec, we have stipulated salary: flexible.
jules4415's profile thumbnail
Jennzee, Thank you for your comment. It helps to know I am not the only one in this situation!