If your are an employee with a quite large 0.05% equity grant per year, that's a $2Billion unicorn already that is ready to IPO or buy back shares from employees.
> around here it’s barely a living wage
I dare you to say that to your janitor or receptionist.
Taking out companies below $2B, companies that didnt pan out so well (Magic Leap, Zenefits, WeWork), and you doing the right things to take advantage of your equity, I’m guessing that number drops to 0.35% or 0.25% or 1 in 300-400 startups.
Might as well not consider such an unlikely scenario. Plus if things don’t pan out at a startup and you’re just looking for money. You quite possibly made less during those years.
> I dare you to say that to your janitor or receptionist.
Yes I understand unskilled workers are worse off, but I’m not sure what your argument is there.
This possibly makes the case even worse for janitors than help showing how they fare.
Roughly estimating. If a person has 2 days off per week (weekends) and either 12 or 24 total days off a year from federal holidays, sick days, vacation days, that is an average of 20 or 21 working days a month.
Whataboutism. Just because other problems exist does not make this problem not exist.