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Guide to your equity: you should assume your equity is worthless just out of the nature of startup risk. Even if it ends up being worth something, you should a
by throwawaymaroon 11y ago
Guide to your equity: you should assume your equity is worthless just out of the nature of startup risk.
Even if it ends up being worth something, you should assume that your employer will do everything they legally can to dilute or otherwise devalue your financial reward from equity.
Getting employee equity will always be, at best, a few crumbs from the loaf you're helping to build.
- rhizome 11y agoIt's now possible to have a choice between a company whose benefits result in only crumbs, and a company that offers slices.
- throwawaymaroon 11y agoYou think this because you think have an actual slice? Wait for the payout. Whatever terms you have now, see what they actually become in practice.