Don Plumley |
09-29-2017 10:15 AM |
As I know you know, salary is only one component of a comp package, especially when we are talking about technology startups. The range is probably zero to $300K depending on more factors than we can reasonably list here.
One of the challenges I'm having trying to respond is a technically there isn't a "startup manager" - there's a founder/CEO that can't think of anything else over 24 hours on how to make an idea succeed, and then there are professional management that are brought in to take a seed concept into professional funding. Sounds like you are in between those two.
For sake of discussion, let's say that a capable manager taking on responsibility for coordinating and doing the tasks you listed in the first post is customarily paid $100-$150K as a 1099. Typically this would include some sort of option package. I don't know why are you are not interested in equity/options, because if I were negotiating this for me, I'd say something like: "I'll help you save cash when you need it the most and I don't need it today. I'll take $48K a year so you (the owner) have some skin in the game and I have to suit up to earn my keep. Based on milestones (clicks, users, revenue, etc.) you bonus me $XX and/or Options of YY%."
Call me if you want to discuss more - I'm a partner at a venture acceleration firm.
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