[sethammons]

It is not $50x20. It is $50 x 20 x percent-chance-of-amazing-exit. The 20 is a variable too. For the 20 multiplier, you are seeking the billion dollar valuation. This takes, usually, around 7 years and happens to the top 1% of start ups.

$50x2 compared to $50x20x0.01 is more realistic. An employee's chance at equity is offset by the opportunity to gain experience.

[artemk]

And definitely agree with experience and knowledge that benefits a career for the future.

[artemk]

I was approximating of course. Yet the $50x20 is a $100 million valuation, not $1 billion ($1 million is 1% of $100 million, not $1,000 million). This isn't that unheard of.