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That sounds like either they didn't need you or you made a poor choice? Or you were paid in cash instead?

Yeah, not OP that's my situation... they paid me way above market though :D so I am happy.

or possibly it's an extremely capital intensive startup and sunsunsunsunsunsunsuns didnt put up any money.

If the company goes to a billion, you get 10000, and that's without dilution. Sounds like a really bad deal, unless you're already paid a lot of cash.

Was that like 100 shares?

Downvoted, but I'm genuinely curious. At that point (5 employees) the company probably had the standard 10 mil authorized stock.

10 mil * .001% = 100 shares