[somecola]

It sounds like you know the answer to your own question. What you really want, I believe, is someone to comfort you into thinking that the decision you already made, which is to go to work for them, is a good call. Obviously I may be completely wrong but I would think you would have entered an update stating you opted out based on the recommendations of HN members. The opposite argument is, of course, you are going to do some work you will love and enjoy. If this is the case equity doesn't matter. You may be right and these guys may be truthful and honest; it is their business and they do not need to offer you equity. They will do what they can for you later. I would offer equity if I were them but only after you showed me something. Then it would be a no-brainer. Good luck with this.