Re:We Don't Have a Talent Shortage. We Have a Sucker Shortage
by cannonedhamster on Sunday April 21, 2019 @07:15AM
(#19711556)
Equity is literally a scam at this point because there's the stock options that they give you, the private stock they give themselves, and the stock the VCs get. You're literally last on the list to get paid and first on the list to get shafted. It's not like it used to be where stock meant everyone shared risk and reward.
Re:We Don't Have a Talent Shortage. We Have a Sucker Shortage
by 0815test on Sunday April 21, 2019 @07:22AM
(#19711577)
> You're literally last on the list to get paid and first on the list to get shafted
Isn't that a given with equity? You're literally saying that you're a residual claimant in the enterprise. Yes, with stock options and such things you might be even "more" residual than others in the capital structure, but it's not a "scam".
There's generally threads online where recent grads say what offers they've gotten from companies and websites like www.paysa.com that try to aggregate them but those are all biased.
Equity is a gamble not in your favor, read up on how many startups fail outright, how many sell for basically nothing, and how much you're going to get diluted in funding rounds. Founders will say otherwise but it's their job to sell you so don't trust them. So if you do want to gamble on a startup make sure to heavily discount the value of equity when negotiating.