• Tja@programming.dev
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    9 days ago

    That is always the case, you get a very generous part of the equity, which at that time is worth nothing, with the hope that in a number of years you can cash out and move from a dingy basement to a tropical island.

    If they don’t offer a this very generous equity, run away immediately.

    • ThirdConsul@lemmy.ml
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      9 days ago

      And then they either water down the equity you have or get aquihired or some other bullshit.

      • Tja@programming.dev
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        9 days ago

        Aquihired means immediate vesting of all your equity and you can cash out in the short term (usually no later than 1 year, often immediately) sometimes with the condition that you stay employed for a certain amount of time if you are high enough.