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A comment on Ask HN: Is it worth taking a 25% paycut to join a startup?. Parent comment

Re:Ask HN: Is it worth taking a 25% paycut to join a startup? by joezydeco on Monday October 22, 2018 @05:13PM (#18278577)
I'm kind of puzzled by this offer. Are they offering him $15,000 in shares based on the valuation that day? That year? When?

And wouldn't it all just get diluted to hell in the years after that?

The whole thing reeks of bullshit.

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Re:Ask HN: Is it worth taking a 25% paycut to join a startup? by epc on Tuesday October 23, 2018 @08:25AM (#18282731)
I’m guessing 100% here that it’s the number of options or RSUs roughly equal to 15% of the salary. Even if it was 20% of the current salary it isn’t a good deal.
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