If they are really profitable (and make sure to check that), I'd take as much equity as I could, but I'd definitely ask what % of all equity these stocks repres

If they are really profitable (and make sure to check that), I'd take as much equity as I could, but I'd definitely ask what % of all equity these stocks represent. It could be like "here, we're giving you 10,000 SHARES!!!", only to later find out they issued 10 billion shares.