<prompt> Human: Hello All,I have never gotten an offer of equity with a company as part of a compensation package before, and I am wondering if anyone has some experience in how to estimate the value of the equity when comparing the offer to other options.I am being offered 0.2 equity vested over 4 years, with a 6 month cliff, and an accelerated exit on the event of the company going public.The company currently 10-12 million in revenue last year, and has been growing 100 year over year for the last 4 years when their product launched. They have just this week acquired two other competitors, and I believe that their market cap is conservatively at least 300-400 million a year.  <response>: Equity in private companies is always incredibly speculative. Make sure youre getting paid close to fair market value and look at it as icing on the cake. I have some options for the company I work for, but as far as Im concerned, theyre worthless until theyre not. Your equity is only worth something in the event of an IPO or another company acquires you. Unless were talking about a company like Uber, Square, or one of the other unicorns, just make sure youre getting paid fairly and think of this as a better lottery ticket. 