I’m not agreeing one way or another about needing cap table in detail, but if the company isn’t giving you the information you need to evaluate an offer after y

I’m not agreeing one way or another about needing cap table in detail, but if the company isn’t giving you the information you need to evaluate an offer after you request it, then don’t work there. As for luck, of course there’s some risk component there, otherwise the ROI wouldn’t be higher, but it’s not a dice roll unless you let it be. I’m biased. I was part of lackluster exits, failed startups, and dead-end startups that will forever raise more money. I learned a lot of valuable lessons the hard way on how to evaluate companies, and have since been able to pick winners when I look to change jobs. The other thing that goes unmentioned is once you “win” once, your risk tolerance might change, or your patience to wait for the exact right next opportunity may increase significantly. I think you can ask yourself if you’d invest 500k in this company (or whatever assets you have up to that), and if you value your time more than your money, that should tell you something.