Comment by e9

Unfortunately this author has no idea about how equity works in real life, 2 things that stand out from experience of being very early employee 8 times: 1. If startup raised money at some point in the past and they are at 50M valuation then there is no chance average employee will get offer of 1% (you would need to be someone special to get that) 2. There will be many more dilution rounds before they get to 1B valuation so chances are that 1% will get cut to 0.3% over that time period