Employee equity can be a great benefit, but it's important to understand the pros and cons before taking a job at a startup. On the plus side, you may have the opportunity to make a lot of money if the company is successful. However, there is also the risk that you will never see any payout from company equity if the company fails.
Before taking a job at a startup, be sure to understand the company's financial situation and business model. It's also important to negotiate for the best possible terms on your employee stock options. By doing so, you can maximize your chances of making a profit on your company equity.