Most likely for a startup: The equity vests monthly over 4 years with a 1 year cliff. This means that you don't vest anything for the first year (if you leave

Most likely for a startup: The equity vests monthly over 4 years with a 1 year cliff. This means that you don't vest anything for the first year (if you leave, you don't get anything). At 1 year, you get 1/4 of the equity vested. Every month thereafter, you get 1/48 vested. The above is the most normal. You will have to check the terms for your offer. Funding: If the company raises funding, everyone typically gets diluted by a certain %. On the positive side, the company's total value will hopefully more than increase by more than your dilution :)