These are the magic words. If someone says to you in an offer "stock" and then tries to give it a "value" you say these magic words...
"Can I see the cap table."
If the answer is anything other than "Its in your inbox right now" then you go back and tell them that you want the shares but the value of them is ZERO without the cap table. You then ask for more cash/signing bonus etc.
That, and buying a single share as soon as you possibly can (if your staying or if you think there is an exit in the future)... once your a share holder new rules apply to you, around finance and funding!
These are the magic words. If someone says to you in an offer "stock" and then tries to give it a "value" you say these magic words...
"Can I see the cap table."
If the answer is anything other than "Its in your inbox right now" then you go back and tell them that you want the shares but the value of them is ZERO without the cap table. You then ask for more cash/signing bonus etc.
That, and buying a single share as soon as you possibly can (if your staying or if you think there is an exit in the future)... once your a share holder new rules apply to you, around finance and funding!