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Like others said. Equity compensation is essentially a legalized SV scam. If you're an employee #6+ and not an insider - just negotiate a salary figure and/or
by Trias11 4y ago
Like others said.
Equity compensation is essentially a legalized SV scam.
If you're an employee #6+ and not an insider - just negotiate a salary figure and/or work conditions.
Even if your shitty startup gets money laundered (I mean acquired) for 12 figures you are getting exactly zero of these figures.
That's a plan.
And startup lawyers smiling you into signing "just a standard" contract are getting paid big figures to laugh you out of the door after exit transaction.