See a lot of posts asking about start up jobs & equity. This substack posted by Chamath is a (long) but valuable insights on measuring risks, checking out the actual cap table & diving into the history of the VCs that have invested in the company.
Weighing the pros and cons of
- Raised a ton of $$$, but not many exits
- Raised less $$$, but a great history to exits/IPOs
Chamath was the SPAC king in COVID and got rinsed, but think this point of view will help others if anything ask more pointed questions and be more confident negotiating those equity packages.
https://chamath.substack.com/p/advice-to-startup-founders-and-employees Advice to Startup Founders and Employees: Strength Doesn’t Always Come in Numbers
The potential perils of following the crowd in venture capital during a down market
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