Startup saying they cant offer me any RSUs as part of joining bonus
I recently got an offer from one of the startups in Bay area and they're saying they can't offer me any stock as joining bonus because it is not a publicly owned company. They gave me an option of buying x numver of stocks at a price after 1 year (25%) and 36 subsequent months.
I see lot of people here getting stocks, ownership etc. at companies like Uber which are not IPO yet. So is there any difference between the startups and how they can award stocks?