Looking at the FAQ, it seem to imply that "Hackers" position are non-equity members. "You will be working your butt off for very little money, and there is no

Looking at the FAQ, it seem to imply that "Hackers" position are non-equity members. "You will be working your butt off for very little money, and there is no guarantee that even if you are a great programmer that the company you are working with will succeed, or that if it does that there will be a long-term opportunity for you." However, I do think that its definitely a great opportunity for a student who is looking for a more than usual summer internship.