[BrandonM]

Just to add a counterpoint, I was hired as employee #3 in 2011. In 2020, I was able to sell 5.8% of my stake for $200K (as part of Series C). In 2021, I sold another 4.4% for $500K (Series D on terms too good to refuse). I still hold equity or options in nearly 0.5% of the company (which is still private).

My wife and I used about half the proceeds of those sales to buy a house (cash offer) in late 2021.

I don’t know what proportion of early employees get screwed, but people who do well are usually smart to avoid posting publicly about it (and I am apparently an idiot).

[indoordin0saur]

> employee #3 in 2011

Maybe I'm bitter from getting burned but I don't think this is really counterpoint. Employee #3 you're just shy of being a co-founder and 2011 was an era where equity grants were real and companies weren't yet so clever about handing out Leprechaun gold.

EDIT: Random aside, but I looked up "leprechaun gold" and I guess the trope of a gold-like substance that disappears from your pocket when you're not looking is actually from Harry Potter and not a part of the traditional folklore.