[guelo]

Equity isn't really worth anything for an early stage startup, it's a lottery ticket that probably won't pay, take what they give you and move on. You're actually lucky that they're giving you straight equity and not options that you have to come out of pocket to convert.

So you have two months to find a job, no biggie if you're any good and have startup experience in the SF market. Actually even if you aren't that good you should be OK. One advantage to keeping things friendly with your ex-bosses is that you can use them as references for your interviews. I would talk to them and ask them if they could give you really great glowing reviews, most people will do that for you if you keep things friendly.

Your new full time job is to find a job, it's a crappy job but at least you can do it from home in your undies. I've been there and it's really not that bad. One thing to remember is that you do have that two months runway, feeling panicked you might be tempted to take the first crappy offer that comes your way, but a job is a big portion of your life for years at a time so you should be as choosey as you can be and try to get something that you can live with and be happy.

[ricardobeat]

> You're actually lucky that they're giving you straight equity

No, he's not lucky at all. Maybe a tiny little less screwed.