A Bank of One's Own - by Nadia - Monomythical

A fun fact about startups, if you've never worked for one, is that employees don't typically get equity in the company. They're granted options, meaning they have the option to buy equity when they leave, usually within 90 days. This can cost tens or hundreds of thousands of dollars, paid out of pocket – even if the chance of an exit is still uncertain or years away – if they want to participate in the startup’s potential financial upside.