I got an offer to join a startup project just for the equity share. Should i join?
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Recently, I got an offer to join a startup project in exchange for equity only (0.6%) with no cash component. The project is currently in the MVP phase and still needs to go live. I’ve been asked to take on a specific role as a backend engineer and continue my current job while contributing part-time.
Should I join, or is it too risky of a bet? One part of me feels I should join because it can work as a side project where I’ll get to learn new things.
If it succeeds, I could make good money in the future along with gaining valuable experience. And if things don’t work out, it would still be a learning experience, basically a win-win situation. Am I missing something here? Any guidance?
Any negotiation i can do here?