Most of my consulting work was with early-stage startups. I would ofter offer a fixed cash cap (say, $50k) at an hourly rate, and any work beyond that would accrue towards a SAFE. Less risk for the founder, gave me incentive to finish the bulk of the work within the cap, but also didn't punish me if I didn't.
neat
what was your hourly rate on consulting?
$300 / hour.
Very interesting idea. Thanks for sharing.
Consultants can be granted Non-Qualified Stock Options (NSO).