When I talk about shares/options, I am serious. I am not trying to con you to be a low-paid slave. I want to share our prosperity and success with you when the time comes.
I never take the offer of equity as a con. I see it for what it is: a high-risk investment because the founder does not have enough capital to pay. The main point here is that when the time comes should really be if the time comes.
If you are a founder in this situation, realize what you are asking for is a hybrid worker/investor. And you shouldn't be surprised when this narrows the pool of available workers interested in the opportunity.
I never take the offer of equity as a con. I see it for what it is: a high-risk investment because the founder does not have enough capital to pay. The main point here is that when the time comes should really be if the time comes.
If you are a founder in this situation, realize what you are asking for is a hybrid worker/investor. And you shouldn't be surprised when this narrows the pool of available workers interested in the opportunity.