It depends on your business model, e.g. Wizards of the Coast did it this way: They payed in stocks. One share equaled $0.50. e.g. a "drafting table" was valued 200 shares, or about $100 of fictive money. This later became $280,000 when WotC was sold to Hasbro.
Normal investors, especially the YC group who exploits kids fresh from school, think this is insane. Workers should not be payed in equity. Only rich people should become richer.
But for WotC it worked out well. I would prefer the WotC model, over accepting peanut money from YC.
Comments
It depends on your business model, e.g. Wizards of the Coast did it this way: They payed in stocks. One share equaled $0.50. e.g. a "drafting table" was valued 200 shares, or about $100 of fictive money. This later became $280,000 when WotC was sold to Hasbro.
Normal investors, especially the YC group who exploits kids fresh from school, think this is insane. Workers should not be payed in equity. Only rich people should become richer.
But for WotC it worked out well. I would prefer the WotC model, over accepting peanut money from YC.
See http://www.peteradkison.com/blog-entry-2-wizards-of-the-coas... for further reference.