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>> If the offer says 0.5% - 1.0% is that upfront? Is that over time? Is it different for any company? What happens if you go through funding? It all depends on
by jaytaylor 14y ago
>> If the offer says 0.5% - 1.0% is that upfront? Is that over time? Is it different for any company? What happens if you go through funding?
It all depends on the legal details of your contract. If the it stipulates that equity will be a certain amount even after other's go through dilution, then that's what it is (this is a rare promise to receive in my experience). If nothing is promised, then your percentage is at the mercy of the of the board.
In situations like this I always have a lawyer review my legal agreements so I can get solid answers to my questions BEFORE I sign anything.