No one — with the possible exception of finance experts — looks at their equity package and thinks, “Yep, makes sense.” In startupland, equity can seem like a lottery ticket.
It's definitely not something to rely on or a replacement for your salary, and that can be confusing. So to help clarify, our fam at AngelList put together a short glossary of terms you're likely to see in your offer. Things like “four-year monthly vest” and “strike price” and “preference stack” and “one-year cliff.”
And we (of course) went down the rabbit hole looking for some great equity-related products as well.
Equity Calculator helps you figure out how much your equity is worth 💸
SalaryOrEquity quantifies equity as an approximate salary 👀
TLDR Options guesstimates the value of your equity visually🤔
Startup Economics helps you understand how funding events will effect your startup 💵
OptionPlan helps founders design a stock option plan with benchmarks for every role 🙌