No. Firstly, ignore the 44k. Promises like this are useful for you to get an idea of abstract expectations of the company, but its not real money :) Secondly,

No. Firstly, ignore the 44k. Promises like this are useful for you to get an idea of abstract expectations of the company, but its not real money :) Secondly, at this stage you're trading wage for equity, and 2% is essentially nothing. Let's say there is a 25% chance of the company existing in 4 years with a valuation of 500k. That's .25 * 0.02 * 500k = £2500 over 4 years. sadface Don't forget they they're asking you to build it, so you should be looking at massive equity (>=25%) or a competitive wage... probably even more so since you can expect a higher than average expectation of your time.