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I'm a consultant as well. I never take stock or equity as payment; cash only. Look at it this way: if the company's so cash-poor that they can't afford to pay f
by jacobian 14y ago
I'm a consultant as well. I never take stock or equity as payment; cash only. Look at it this way: if the company's so cash-poor that they can't afford to pay for work, what are the odds their stock/equity will ever be worth anything?
- pg 14y agoThis argument is valid except in a few exceptions, but the exceptions are so extreme that they make it dangerous to generalize. http://www.nytimes.com/2012/02/02/technology/for-founders-to-decorators-facebook-riches.html?pagewanted=all&_r=0 http://www.nytimes.com/2012/02/02/technology/for-founders-to...
- ivankirigin 14y agoIt might be easier to generalize by kind of work. Unpaid engineers is a very bad sign.
- 6thSigma 14y agoI think a better indication that the company's equity will never be worth anything is that they hired a consultant in the first place.