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When the bullet dodges you (media.piefed.world)
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[-] SubArcticTundra@lemmy.ml 88 points 2 months ago

I'd only be willing to put in long hours for little pay at a startup if they agreed to give me shares in the company when I left.

[-] tacosanonymous@mander.xyz 45 points 2 months ago

Yeah they talk about equity but were they offering it to this position?

Also, fuck that dude regardless.

[-] ChickenLadyLovesLife@lemmy.world 13 points 2 months ago

I worked at a startup for a couple of years in the '90s. The equity was "we'll take care of you". Spoiler: they did not take care of me.

[-] Empricorn@feddit.nl 2 points 2 months ago

That's literally not equity (which I think is your point).

[-] ChickenLadyLovesLife@lemmy.world 3 points 2 months ago

That was literally my point.

[-] Tja@programming.dev 5 points 2 months 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.

this post was submitted on 09 Aug 2025
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