Once you're talking "work for equity instead of pay", you're not talking about employment anymore, you're talking about soliciting investors. A decision about

Once you're talking "work for equity instead of pay", you're not talking about employment anymore, you're talking about soliciting investors. A decision about whether or not to make an investment (and this would be a particularly large investment) is necessarily dependent on very different factors than a decision on whether or not to work for an outfit. To be attractive, your solicitation for investors needs to come from that perspective, in my opinion.