The reason people don’t want equity is that equity is usually irrational once you get beyond a handful of employees. If you are employee #3 and you got 10% equi

The reason people don’t want equity is that equity is usually irrational once you get beyond a handful of employees. If you are employee #3 and you got 10% equity, sure that could make sense. You have enough impact to influence the value of that equity a lot. If you are employee #20 and you got 0.3% equity, hell no it doesn’t make sense. Employees #1-19 are getting all of the gains from your above-and-beyond efforts. You might as well work at a NGO.