The thing about giving equity is how do you walk away? Suppose in a year you want to quit that project, move, and work on something else. Is your friend going

The thing about giving equity is how do you walk away? Suppose in a year you want to quit that project, move, and work on something else. Is your friend going to try to claim part of your new company? Second, living with and starting a company with someone who is a friend is a good way to lose that friendship. If you just have no other option or cash then maybe it is a good deal for you, but at least try to negotiate and impose conditions like vesting or buyout clauses that meet your needs.