l’ve just been approached by someone heading a startup offering company shares in exchange for part-time unpaid work. He’s mentioned cash won’t be paid until they’ve acquired a seed round of investment. Are these offers usually a scam in the startup world? Or is this typically normal? Thanks
Are the founders working full time? Is this a side hustle for them or are they all in? Do you believe in the team and the vision? If you decide to work a material amount of time for them for free I would push for cofounder status.