[bitwize]

> My team has (real) equity and I like to believe they see the worth of the product.

You're paying your team in Bison Dollars: their compensation has value if and only if the world-domination scheme goes off without a hitch. But that's a big if. The value of the product won't be clear until it goes to market, but the value of the time they put in is lost forever irrespective of the market value of your finished product. Meanwhile, your team's landlords won't accept that equity as rent payment.