[renewiltord]

Well, obviously you should ask for something of equivalent value. If they value equity at their company at zero, and they’re well-informed, then why would you believe in it?

Listen, if you believe it’s a rocket ship, you need to get a seat. But you don’t want to be the guy servicing the plane on the ground. He doesn’t come along for the ride. Being bullish on a company you have no skin in is pointless.

$x plus equity and benefits is not equivalent to $x. But in the end, it’s all about BATNA. If your true BATNA is nothing, then you’re screwed.