I heard that. Employees need more data to evaluate job offers (especially in this economy where the big guys are offering a lot of cash, and the small guys are offering a lot of cash too but also equity of sometimes dubious value).
If you take equity, you are not only subject to dilutions, but also to other investors getting much more preferential terms to you.
I'm not saying to don't take a job because of shares, RSUs, or options offered, but one needs to take a hard look at these things to figure out what their true worth is. And in most cases, you may only be able to compute a confidence interval and not a point estimate.
Fidelity's disclosure makes this seemingly intractable problem a bit less intractable.
If you take equity, you are not only subject to dilutions, but also to other investors getting much more preferential terms to you.
I'm not saying to don't take a job because of shares, RSUs, or options offered, but one needs to take a hard look at these things to figure out what their true worth is. And in most cases, you may only be able to compute a confidence interval and not a point estimate.
Fidelity's disclosure makes this seemingly intractable problem a bit less intractable.