I definitely agree about seeing the raise to market level... When I was hired they were supposedly going after 2-5M funding (so far its been ~1M in family money put into it), they said once either the additional funding or 50k mrr was hit that my salary (and the others) would go up. A few months ago the CEO's position shifted to wanting to "grow organically". Now it's pretty clear it could be 6months - 1 year before either funding or the mrr are hit (if the company survives that long) and I don't plan to wait, BUT, the main reason I hadn't made a move yet is because it's buying me time to work on a side project while still having some income stream. The thing is I don't want to get played like that and if the company suddenly sees growth (possible), I don't want to be stuck with low equity for all the work I'm contributing. I also only meant senior level in terms of development work, I'm sure I have more to learn in the startup realm.