//

Job offer letters can be confusing, especially in the startup industry. Instead of just having a base salary and a benefits package, early-stage startups will provide equity packages.

Cash is simple. Equity, on the other hand, can be complex, with horror stories abound of employees who thought they were in line for a big payday suddenly finding themselves with nothing — or even owing money.

That’s why New York-based tech workers Matt Wallaert and Natalia Rodriguez decided to make a website that explains equity by translating it into a sum comparable to salary. 

The new site, SalaryOrEquity.com, prompts visitors to enter in the funding amount and valuation of their company along with how many shares are being offered out of total shares. They then consider additional funding by estimating the amount and valuation of another round. Lastly, the site requests how likely the startup is to sell and how long it takes for shares to be paid out.  Read more…

More about Equity, Salary Differentials, Jobs, Job Offers, and Business

from Startups http://ift.tt/2dPlAWF