[wccrawford]

I don't think it's as bad as everyone else does.

If, instead of getting the missed wages after 6 months, you were offered equity equal to the wages you were missing, would that be fair?

In the end, that's the same deal, assuming you could buy equity. (That isn't necessarily true, though.) If the company survives, you get your money in both situations. If the company doesn't survive, you don't get your money in both situations.

If you still think it's not fair, ask for equity instead. But they apparently just don't have the money right now, so they couldn't possibly pay you more to start.

[wccrawford]

I've been considering this for a few days, and I've changed my opinion. This is a raw deal.

Unless you get something out of it that isn't obvious (been out of work for 2 years, really need a job?) then you are taking all the risk here... They could fire you in 5 months and save a TON of money. And that might just be too tempting for them.

[throwaway69]

Based on my discussions with the CEO, its more to do with the fact that they are trying to keep costs at a minimum right now.

[steventruong]

So what's wrong with offering legit equity? Aside from possible overseas issues which doesn't seem to be an issue they're bringing up.

[throwaway69]

Can you give me a link where I can read more about this?