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If you're going to be paid in equity and not asking those questions, unless it's a publicly traded company (where you have these answers ahead of time) or you are getting compensated well above average in cash equivalents, it would be just plain irresponsible to not ask those questions.

Even if you are getting paid an extremely good salary, who wants to start working for a company that's potentially months or a year from becoming insolvent? The fact that this might not be standard due diligence as suggested by your comment is mind boggling to me.



It’s statistically irresponsible to think your equity is going to be worth anything in a private company and give up cash compensation.


I never ever again am going to count equity promises as part of my remuneration. My pay is all I count on, once I have banked it.

Otherwise I become shark bait. Been there, done that.




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