Ask HN: Equity and cofounder title for first hire? I started a company this year with the mission to help end metabolic disease influenced by lifestyle. We do this right now by selling ketogenic cookies and teas directly to consumers. The company is Fat Snax, fatsnax.com. I started selling in April and will do $80,000k in sales this month and $100,000k in sales next month. I hired a marketing consultant in April and he has been integral to our growth and success. My deal with him at the time was a $600 monthly retainer plus 15% commission on sales with monthly contract review and renewal. He's asking to made a co-founder, given equity and still draw a small salary. My question to you is what is reasonable given that he hasn't put money in, he gets paid, I'm still a volunteer and founded this long before I hired him? |