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One of the most exciting aspects of working as an early employee of a startup is potential for building a solution that has an outsized impact, and large financial reward. Employees, founders, and investors are rewarded at an exit according to their equity stake in the company. Early employees often work below market cash rates in exchange for equity. Before negotiating a equity package, it’s important to understand the basics.
It’s the time of year when most companies are conducting their annual performance reviews, and setting budgets for the next four quarters. Self assessments have become increasingly popular, as a way to give employees a voice in the process. Almost everyone I know hates writing about themselves, and writing a self assessment can feel especially daunting. Here are a few tips to remember when composing yours.