Ask HN: What Do Programmers Look for When...

[dschmidt11]

A start-up offers an equity stake rather than an hourly/salary position? Feedback would be great. Thanks.

[water_throne]

Here are the basic mechanics: http://paulgraham.com/equity.html

EDIT: The only other thing I can think of is that you need to make sure you're equally protected against dilution (like what happened to Eduardo Saverin), I don't really know how this usually works.