[web99]

Unless they make you a founder and give you say 5% to 33% of the company, quit.

It makes no sense to get a 1% equity when you are making the same sacrifices and taking the same risk as them. They may say they are able to raise money, but you are able to build the product. And unless the product reaches product-market fit, there is no business and no company.

You could be working at 100 other well-funded or established companies and learning a lot and making a lot. Do not underestimate yourself.