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A comment on Working for a startup makes less sense, unless you are into the mission. Parent comment

Re:Working for a startup makes less sense, unless you are in... by eanzenberg on Tuesday March 26, 2019 @02:16PM (#19494545)
6 rounds of 20% dilution will get you to 74% total dilution from the initial grant.
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Re:Working for a startup makes less sense, unless you are in... by Zephyr314 on Tuesday March 26, 2019 @02:30PM (#19494682)
Which in this case nets you >$1M [0] vs the 80k quoted above. This also assumes no retention grants over 6 rounds.

  [0]: 0.02*0.8^6*$200,000,000 = $1,048,576
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