Good tips on how to measure an equity grant you get for joining a startup. Very important that you put it in context.
I’ve also found that relative equity stakes are very important. I.e. how much do you own relative to the other people on the team. To the extent that there are large discrepancies that may not seem justified, this can cause feelings of “it not being fair” and resentment among team members towards one another. Might sound petty, but this is important. It’s really hard to word your tail off to make your someone else rich when you don’t think they deserve this…