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> Founder: Sure. We’re looking for a $100,000 commitment, and in return, you would be getting 0.1% of the company.

Founder: Sure. We’re looking for a $100,000 commitment, and in return, you would be getting 0.1% of the company on top of $100,000 in pay.

FTFY



No, the $100,000 commitment represents the opportunity cost compared to a higher paying job.

That is, if the distinction is between:

1) $150,000 + 0.1%, or

2) $250,000

Picking (1) would equal trading $100,000 for 0.1%.


0.1% on top of $60,000 in pay.

Or if you are lucky to join later, 0.01% on top of $100,000.




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