Hello all, I am very new to the startup world, I joined this sub to learn more.

Currently I am doing my internship and I am getting paid well (a little more than average fresher pay). The company is ready to offer me a good amount too once I join them which is again more than average starting salary for a fresher. The startup is building an online platform which will heavily use data and ML along with some people doing the web development work. Following are some key pointers:

  1. Early stage startup, they are trying to build a team right now and I am the only data scientist in the company.

  2. CEO and CTO don’t know anything about AI/Datascience/ML, they just know what they want from me for the platform, and sometimes they have crazy ideas that they think AI will automatically do it for them.

  3. There are 1-2 other people working in the software development team

  4. I don’t know anything about how they get the funds. Based on all the conversations till now (It has been 2 months since I joined) I believe Govt/public bodies are major investors because of the kind of sector we work in. There could be private investors too.

Based on everything I mentioned above, Should I even join this company if yes then should I be asking equity, if yes then how do I decide the value?

​

  • navrajchohanBEnglish
    1·
    1 year ago

    Doesn’t hurt to ask. The worst they could do is say no. You never know until you ask!

  • BallsofSt33IBEnglish
    1·
    1 year ago

    You can always ask, but sounds like they are paying you a fair salary, so it may or may not go your way

  • DashboardGuy206BEnglish
    1·
    1 year ago

    The CTO not knowing anything about AI/Datascience/ML makes me question why you’d even want equity in this company…