Trying to understand how equity component works at startups. I would guess there is a vesting schedule for the equity just like the big firms have RSU vesting. Also what happens if you want to jump the ship in 2 years time before they go public? Is there a way to sell you stake?
The biggest difference is you have to exercise your shares, as in buy them. Rsu is given to you for free minus taxes
What happens to options? Follow up to the OP question