Google vs Startup CTO
The CEO of a startup in the UK contacted me in order to be the CTO (no salary, equity bla-bla) I did 2 interviews at Google in the past year and believe I am ready to crack it in my next try (LC hard all the way) I have negotiated all I can with the team and they are giving me a 33% equity (current valuation £500k) Should I go on board or keep on preparing for my interview next month?
Zero salary means equal partner. If you do this, have a lawyer look at the contracts and shareholder agreement. You should have a position on the board, equal voting rights. As well as other investor protections (e.g if you get fired, protection from share dilution). You need to see this from the perspective of an investor. Also how are you going to finance yourself for the n years it takes for the company to pay salary?
Lmao
Join the startup, apply to Google anyway and keep trying. You'll have a better sense by then of whether or not the startup has legs
Has the startup actually built anything yet? Where is the £500k valuation originating from? Do you have passion for what they’re trying to do? I’m coming from startup land and I enjoyed my time doing it, but there’s a lot of things that I’d watch out for before doing one again.
Thanks for all the comments, I've decided to not go on board with the startup as the market prospects didn't look good to me. Well, back to leetcode ;)
Unless you really passionately believe in the company, go to Google (or other good tech company). And since you have to ask, that means you don’t believe in it enough.