I run a dev shop and did some work for a vc studio. They want to bring me in house to CTO a bunch of the companies they are building. Offer was much lower than expected: 1% carry & $150k salary. I’ve worked @ FAANG, and also got a startup to a successful exit. I was hoping to shut my dev shop down and join this studio, but now don’t know what to do.

Why do you want to shut the dev shop? I run a dev shop myself and would love to hear your perspective.

I just hate the sales/marketing grind. Like if I probably have enough bandwidth to support 3-5 clients at any one time. I can’t source that much work though my network, so I end up with 0-2 at any given time.

If my sales/marketing game was stronger, I could probably be doing $750k/yr as one guy. Unsure if this is just the market- things definitely tightened up over the past 3-4 months.

There are fractional sales people with skill in this game who would get you absurd deal flow. It’s a win-win on incentive alignment. Feel free to email me if you need help finding one.

I feel like I'm in the same boat as you. I'd love to chat and exchange notes or just discuss challenges. My email is in my bio. Would love to hear from you if you're open to it. It's hard to meet agency owners who run small/solo agencies. fyi - i'm based in the bay area.

1% of all the companies or 1% of the carry the VC is getting?

1% carry. So like 1% of the 20%, so not really enough to think too hard about.

How much would you estimate (or guesstimate) that to be in dollars?