| I don't think we're in disagreement. The game is rigged against you. You do have a lot less information. My point is more like, don't just give up and instead try to understand and learn the game, try to improve your chances. I see so many people (friends, acquaintances, coworkers) making poor decisions with these things simply because they don't learn about them, and that makes me sad. So many smart people who are able to build all these complex systems, but can't be bothered to learn about how stock options work. Employment game is rigged from the beginning against employees. Recruiters do this stuff every day, they're way better negotiators than you. They talk to each other, they know all the tricks. They know what other companies pay in similar circumstances. Finding a good job is tough and can be pretty depressing honestly, but the worst thing you can do is give up. Learn the system, find weaknesses. Find those gems where you do get an edge. Maybe try to get a job at a small startup where you will be that #1-10 employee. Maybe the founders will be just as inexperienced as you and so you'll be able to get all this information and get a better equity deal. RE Cap table, you're right that no company will straight up tell you exact names and numbers. And that's fine. But you absolutely have to get at least a few of them: * how many shares are outstanding * what's the current fair market value for the shares If they don't tell you these two things, you can't evaluate the equity offer. If they are more open, try to get some info about founding rounds & liquidation preferences. The smaller the company is the more willing they should be to share this information with you. |