Metacast: Behind the scenes

42. Equity compensation at a pre-revenue bootstrapped startup with Jennie Buechner


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Jennie Buechner is a Senior Software Engineer and the first hire at Metacast. We discussed leaving Amazon to join an early stage startup and how we thought about equity compensation when we can't afford to pay a salary yet.


Segments:

[02:04] Jennie introduces herself

[03:57] ChatGPT introduces Jennie, Ilya and Arnab

[07:29] Explaining the number 42

[10:38] Leaving Amazon

[20:46] Joining Metacast

[28:08] Working for equity without a salary component

[45:57] Living off savings

[49:29] Jennie's role at Metacast


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Show notes:

- Metacast Ep. 17: From Teacher to a Software Engineer at Amazon: https://www.metacastpodcast.com/p/017-from-teacher-to-software-engineer-amazon

- The Good Enough Job: https://amzn.to/3Qo0GOS

- Joel Spolsky on Equity for Startups: https://gist.github.com/isaacsanders/1653078

- Bufferโ€™s Equity Formula: https://buffer.com/resources/buffer-open-equity-formula/

- The Hitchhiker's Guide to the Galaxy: https://amzn.to/3seGzuq

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Metacast: Behind the scenesBy Metacast