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
Sweat equity is quite common for very early stage startups. As others have said you’ll need to asses the other founders and the idea, and really need to believe in it.