It all depends on the terms of the equity grant. You may get RSUs, but voting rights are retained by the founders or someone else.
Re:Apollo will close down on June 30th
by JumpCrisscross on Friday June 09, 2023 @05:32PM
(#36264422)
> voting rights are retained by the founders or someone else
Voting rights are relatively irrelevant for minority holders. It's all the other rights, granted by contract and more importantly law, that tech employees can be generally regarded on to not exercise (or bullied into not exercising by management).
Tech employees are somewhat notorious for not enforcing their shareholder rights. Most companies, for example, ignore their books & records requirements under Delaware law, or force private sales to occur at terms favourable to management and the Board’s friends.