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My thoughts on startups and equity is that you can't pay your current bills with equity. The only way equity would make a difference in whether I joined one sta
by autotune 11y ago
My thoughts on startups and equity is that you can't pay your current bills with equity. The only way equity would make a difference in whether I joined one startup or another would be if I received two offers with the same salary, benefits, and point or points you've mentioned above, I'd pick the one with more equity assuming it's preferred.
- sokoloff 11y agoI've never heard of employees vesting preferred shares as part of their compensation. Is that a thing?
- autotune 11y agoHmm I had initially assumed it was but now that you mention it and after googling a bit more, it seems that's reserved for founders and early stage investors (my practical experience with evaluating equity is limited). I suppose I'd rephrase that to look for total preference to evaluate how much whatever share the share of common stock offered would be worth as well as total outstanding shares have been issued, and how many are expected to be issued upon being sold or going IPO so far among other things.