Right! This falls under "Run the Numbers" in the Upstart Blog Post. It is not possible to compare an offer of equity without the info you described and some thoughtful attention to how YOU value that equity.
Well said. It's all about finding some "reason" to have a bonus -- something given up to take the position. Like someone said above, it doesn't have to be a great reason. Just a reason.
This is very helpful. I've been impressed with my Stock Option Counsel clients' thoughtfulness in the "Run the Numbers" step. This is not easy with private company equity offers, but there is a right answer for each person if they put some thought into it.