Expecting an offer from a very early stage startup with under 40 employees soon. The startup is a llc so they say we might give profit sharing units as a part of comp.
Anyone has any advise what is recommended here? The startup may not see an exit until 4-6 years or so or even longer depending upon circumstances.
How do I evaluate an offer like that?
Sorry can’t give any further details at the moment but I would appreciate if anyone can give a basic example here stating if a company raised 200million in funds.
Thank you
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So I would definitely ask them what’s up with the unusual structure. You also talk about an exit in 4-6 years, but if you only have a profit share agreement and don’t actually own stock would you even get anything in an exit?