If they need money, and this is the best offer they got, then what's the problem with accepting it? They are still better off than not accepting it.
If they need money, and this is the best offer they got, then what's the problem with accepting it? They are still better off than not accepting it.
At this point I know what I'm doing enough to not get burnt by these types of scams, and when I was an engineer I was lucky to basically work for FAANGs the whole time where they are very charitable to employees. But when I was 23 I didn't have the knowledge to evaluate pre-ipo equity and some startups prey on this information imbalance to delude people.
Nothing wrong with taking your best offer. Everything wrong with misleading potential employees about what the offer means.
If you have a low offer but no other options that's "fair" in a sense. If you can get something it'd be pretty silly to accept a bad deal, however.