Questions candidates can ask about equity compensation
Alternatively, don't join startups for the equity.<p>Even if you genuinely believe the person answering your questions genuinely believes the answers <i>they are giving</i>, there's perilously little evidence to suggest their answers will be binding or accurate.<p>4 years from now, anticipate something to the effect of:
"I have altered the deal, pray I don't alter it further", this could come from the CEO, an investor or the acquirer. Anything more favorable should be considered a statistical miracle.<p>Joining a near-IPO company is something I can't speak to, but have a more optimistic view of. Furthermore, joining a public company with liquid equity is something I can personally say is well worth it.<p>Do not join startups for the equity.