🎯 on the money post from Cristina Cordova on understanding Equity compensation for joining a startup or new venture. Always think in terms of expected value and probability-weighted returns. And remember, bet on yourself. I'll highlight this paragraph in particular: "If you're coming from a larger company (by employee size, funding round, etc.), you shouldn't expect the smaller startup to beat your cash comp or your overall comp (cash + equity) based on the value of the equity today. For example, I’ve made less in cash + equity comp (at the time it was granted) in every move I’ve made to join a startup. But it was worth it, because the equity value grew far beyond the value from when it was granted. You're betting on the startup being more valuable in four years to make up for that gap." https://lnkd.in/edZeGND9
