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by jondwillis 1771 days ago
Similar story here, 3rd engineer, one of the first employees, during seed funding. I didn’t know anything about how equity worked. Company got acquired for 9 figures after I left the company after almost four years, I made a year’s salary windfall which was nice. The feeling of being taken advantage of remains and still burns a hole in me despite quite a lot of therapy and time.
1 comments

Good lesson here is ask what your equity award means. How many shares outstanding? When's the next raise? Can I get more shares when I get diluted?