> "0.5% over four years is odds-on very likely to be zero..." More importantly, that even if you beat the odds and the company is a smashing success, 0.5% over

> "0.5% over four years is odds-on very likely to be zero..." More importantly, that even if you beat the odds and the company is a smashing success, 0.5% over four years is likely worth less money than the cash/stock bonuses major tech companies are handing out anyways, especially accounting for liquidation preferences and ratchets. The big lie in startup equity isn't how unlikely they are to succeed, it's how little you would walk away with even if they do.