How to evaluate an offer from a blockchain startup?

Airbnb
1ll1lI1

Go to company page Airbnb

1ll1lI1
Jan 13, 2020 9 Comments

Looking to make a jump, and got an offer from a blockchain startup for salary, equity, and tokens.

I’m curious how I should evaluate the offer, as from what I’ve read it seems like tokens are liquid once the project is listed on an exchange? versus equity which typically is not liquid until an exit.

They told me they expect to be on an exchange in H1 of this year.

Also, not sure what other things I should ask about that’s specifically relevant to blockchain companies besides the usual for most startups (team, investors, culture, etc)

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TOP 9 Comments
  • Chainalysis / Eng
    sQvB41

    Chainalysis Eng

    sQvB41
    Chainlink?
    Jan 13, 2020 1
  • I would guess the equity is not really equity but option? Which you need to exercise it first before owning it. + tax

    Airbnb is much more stable business than any blockchain startup in my personal view. Unless it’s big exchange like Coinbase or equivalent. Or you don’t care about potential layoffs
    Jan 14, 2020 0
  • Oracle
    moracle

    Go to company page Oracle

    moracle
    I would say be careful with blockchain not exactly taking off
    Jan 13, 2020 2
    • Chainalysis / Eng
      apath

      Chainalysis Eng

      apath
      False. It has its use cases
      Jan 13, 2020
    • Oracle
      moracle

      Go to company page Oracle

      moracle
      It does. I could be wrong. I am not a big bitcoin guy but blockchain does have legitimate use cases
      Jan 13, 2020
  • Smart folks will do this, get your salary as $ or part as $ with crypto, and crypto not their token but btc
    Jan 13, 2020 1
  • New
    EOhh33

    New

    EOhh33
    Token liquidity is technologically easy but not something you can expect or take a lower comp for. It has to be a massive allocation and an additional icing on the cake.
    Jan 13, 2020 0