The War Room
Question
Post

πŸ’°Trade your commission for more equity?

If you’re in a start up your truly believe will make it to acquisition or IPO


would you consider offering to trade your commission for a quarter or two for more equity stake?


obviously there are factors to know that I’m curious to see what others opinions are

4
salesnerd
WR Officer
+16
Head of Growth
I was at a startup that I truly believed would "make it" (and they did) and you'll bet I tried everything I could to get more equity. It was great, every promotion I got, they gave me more equity.Β When the acquisition came along I was looking forward to all the houses I would buy. What happened? I was able to pay off my student loans... that's about it.Β 

Equity is incredibly important, but if the company is several years old (unless you're getting A TON of equity), it's not likely to be life-changing. Be cautious of getting equity vs. cash.
Tres_Comas
Politicker
+6
Account Executive
Well said
fuzzy
Notable Contributor
+21
CMO (Chief Meme Officer)
If you're able to scrape to 1% and it sells for hundreds of millions. It's really what you believe about the company. I'd hate to take equity over commission in a company that may sell for like $5m.Β 
4
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Base payπŸ’΅ vs CommissionπŸ’°
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NikhilMahakal , Β  MichaelScottKnowsBest , Β  Jgre12 Β  and 109 people voted
*Voting in this poll no longer yields commission.
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bravochromatic , Β  verbalzzzzzz , Β  BCD Β  and 33 people voted