paiprog

Thanks for the reply.

From my understanding it would be equity. I'm not sure what the valuation would be. I do know between the 4 partners, they've invested a little over 100K.

The website is the company. I took the project from an idea to reality, so over the last year I've learned their industry inside and out.

In addition to all of the technical stuff, I have handled all marketing for the website which has resulted in visitors and revenue. I also do lots of strategy planning for ways to grow the business.

I don't see them hiring any high-level positions in the next 18 months. I suspect in the next year one of the partners will move to the CEO role and I'll move to a CTO role.

I definitely see myself more in the CTO role than programmer, which is why I feel justified asking for so much.

be prepared to have a well documented, planned argument.

Thank you, this is good advice.

The initial salary I negotiated for I thought was fair. It was market rate in my area.

The problem is I ended up working way more than 40 hours/week, which diluted my hourly rate.

I see this as a continuing trend. I would have a big problem working 70 hours a week for my current salary, which is why I'm trying to figure out what % of equity would be reasonable.