> Yah, over 50% it's going nowhere but expectation needs to consider how huge the win is even if it is lower probability.
yes that's literally the definition of expectation value...... so
ev = 1 bagillion * 0.0000000000000001 = ~0
hence you should absolutely not be taking higher equity/lower salary ever. hell i wouldn't even take that at a publically traded company if given the option.