42 lines
3 KiB
Markdown
42 lines
3 KiB
Markdown
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On 2025-06-21 I received the following offer from Justin:
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> $80k annual cash salary
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> 16000 shares of stock options
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> * vested over 4 years
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> * 1 year cliff
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> * at current evaluation that is ~$27k/year in equity
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> * ~0.3% of the co (5m shares)
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> starting as soon as possible.
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Now I want to clarify and negotiate.
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Hi Justin,
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As promised, find below my questions:
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* Regarding formalizing things, I was wondering if you guys are planning on setting up a contract to define the business relationship. I'm really not experienced on this, so happy to review any proposal you guys might have and take it from there.
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* Regarding the stock options, could you send me a copy of the paperwork? Doesn't need to be the final one to sign if that's any trouble, the generic template should be fine since I just want to understand it.
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* Regarding IT equipment, would you guys expect me to bring my own stuff or do you supply that?
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* About payments:
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- Do you guys do BTC? USD? Mix?
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- Do you do monthly frequency or work differently?
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* In my first conversation with Nicolas he mentioned that it would probably be useful for me to get involved in some of the projects with the Salvadorian regulators and that could entail some travelling to ES. I told him I wouldn't mind (actually, I would love!) to drop by there, but I would like to discuss on the total time/length of the trips to make sure we manage expectations. So... what are your expectations on this?
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* What are your policies on vacation days, pat. leave, sick leave, etc.
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On the offer itself, I would like to give you some feedback after (1) some of the points above get clarified and (2) I get some replies regarding the legal setup I would need to do here in Spain to set myself up as a contractor. As I mentioned I'm not currently registered as such, so I want to get specifics on the costs it would put on my side. I should get this estimated soon.
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Regarding starting time:
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* As I mentioned, my strict notice period is two weeks. Although I would appreciate leaving some more room to make a clean handover to my team. Having said that, I don't want this to get in the way so... Let me know your thoughts and we will work it out.
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* Also some boring bureaucracy: I have 5 weeks of paid paternity leave pending to be spent around here. I don't really need the leave, but I might ask to delay the first invoice we make. (E.g., imagining we start work on Day D, I really start to work on Day D, but push the invoicing of days D to D+35 into the next invoicing cycle).
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* Finally... I have a couple of family trips planned on two weeks of August. Wife will kill me if I cancel them. I was hoping we could fit them in, let me know what you think. Also, if you would rather just have me start once that's over (would be late August) so you don't have me come in and out at the start, I would fully understand.
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---
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Time to review the contract in detail.
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I got a copy from them and I also got a template from Pau. I'll read both and get ideas.
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* Termination notice period?
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