While this is good, mine is a bit simpler: just replace "x% equity" with "fucking nothing lol" and reevaluate.https://twitter.com/_danilo/status/1013495051954073600 …
Replying to @jamie_gaskins @ReinH
This was in an old blog post of mine. I think I've matured on my understanding here: that's roughly true of equity awarded by early stage companies (lets say through Series A) and then increasingly less true.
8:19 PM - 4 Jul 2018
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), mentioning that your chance of that equity making a material difference in your life is probably around 1%, 25% you break even, and the rest you basically lose.