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ajit55518896yThe project can be divided into two simple sections:
1. Conceptual design and specs
2. Development and testing
If my assumption is that you don't have much involvement in #1 and already getting paid fair market value for #2, then it's unreasonable.
But if you are contributing much more than the fair market value, then you deserve to ask for your share in IP.
If I was your place, I would ask for clarification on the guidelines for earning the equity from the founders. -
goldfpil956y@ajit555 We have 5 devs and 10 employees in total. The product is still under development. I just have an end goal.
I'll have to create the entire workflow -
zotigapo7666y@vijayaravindh if you ask. And agreed.
Then you need to ass off 24/7 on the project. If something happens to it you need to fix asap. -
ajit55518896y@vijayaravindh if you honestly believe that the work earns equity, have an honest discussion and have a positive attitude, put yourself in their shoes.
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goldfpil956y@ajit555 @zotigapo Thanks for your comments. This project may or may not pan out. So what if I ask them to make the grant of equity conditional (on the completion of certain milestones)?
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ltlian21986yI had a similar question a while back when I was making a replacement for an existing system, but from scratch. It got a little odd if you start talking about who "owns the idea" then.
I had a lot of luck asking unions about it where they even offered lawyer time (short version: "It's complicated; it depends"). I don't know if that's an option for you. -
goldfpil956y@ltlian I get that. This is very complicated. I don't want to create something worthwhile and give it away for free. An ex-employee got equity for something similar, but that was 2 years ago and management has changed.
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anon4048306y@vijayaravindh if you do this, try to get it on a contract. They won't just give you equity on a verbal agreement. Also they can always replace you, so make it clear that you can provide a lot of good insights for the project.
I work at a startup. My boss wants me to work on a project which will create a lot of value because it will be one of it's kind. So it will become a part of the company's IP.
Should I ask for equity (to be provided on completion) before I start working on that?
If yes, how do I ask without being offensive?
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