What I Wish I'd Known About Equity Before Joining a Unicorn
As always the main rule you need to live by is <i>value the equity at zero</i> and you&#x27;ll be (maybe) happy. Short of being a founder (and thus not really being <i>offered</i> equity) I have never treated these things as anything beyond a minor on paper &quot;bonus&quot;. Given you&#x27;d be lucky to get anything more than 1% even as a first employee I find them next to worthless as early stage motivators. Which is how everyone seems to play it - &quot;we&#x27;re all in this together&quot; - mmm. As long as the salary is market rate I ignore equity altogether.