I have an opportunity that involves building a mobile application that basically improves a food industry process.
This application has a very good idea, but it is rather hard to implement, so the guy that came with the idea asked me and other 5 developers to join his team. The problem is that he can only provide us about 1.5-3% maximum of equity of the company.
We will work after work hours because all the developers (5) have a job. The project is also big, and we don't expect to launch it in the next 8 months or so.
What do you think..Is it worth it for such a low equity? We probably won't get more after we launch. The best scenario would be that we get high salaries, but even so, the owner could easily get other expert developers when the company makes profit.