How to evaluate an offer from a blockchain company?

Airbnb
1ll1lI1

Go to company page Airbnb

1ll1lI1
Jan 13, 2020 5 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 5 Comments
  • Why jump before Airbnb IPO?
    Jan 13, 2020 0
  • New
    EOhh33

    New

    EOhh33
    Yes tokens have perks. One thing you should know is that if the tokens aren’t currently listed on an exchange they might never be. If the organization does not have an articulate plan for listing and just pretend like they can ride clout and magic for that to happen then you shouldn’t be there for the token. There are regulatory issues around tokens that make it more difficult than it should be, and exchanges make it more costly to operate than they should. All this means that liquidity is technologically simple but cannot be counted on, if liquidity arrives you cant expect it to always be there. But crypto is the opposite of stuck in time, the regulatory environment can improve and the private sector market infrastructure can improve, very quickly.
    Jan 13, 2020 0
  • Blockchain startups are shitcoin scams that have an absolute snowball's chance in hell of succeeding (even Libra, backed by FB couldn't succeed). Don't give up pre-IPO Airbnb for this garbage.

    > They told me they expect to be on an exchange in H1 of this year.
    😂😂😂
    Feb 11, 2020 0
  • IBM
    Bmql27

    Go to company page IBM

    Bmql27
    what is the interview like? what is the offer?
    Jan 15, 2020 0
  • New
    Hdhunter1

    New

    Hdhunter1
    I recruit for blockchain companies. Ask for a signing bonus, get in and work your magic, gain trust with the founders and management team. If this one doesn’t work out, Stick with your team and tee it up for the next one. Think long term or at least 5 years out. You’ll do great esp if your doing DLT
    Jan 13, 2020 0