Equity means statistically very little in a startup. The chance of any startup succeeding where “success” means that the investors don’t lose money is 1 out of

Equity means statistically very little in a startup. The chance of any startup succeeding where “success” means that the investors don’t lose money is 1 out of 10. The chance of a qualified person who takes a below market compensation in exchange for “equity” not being better off by working for one of the public tech companies is even slimmer.