I have an offer to join a startup, with a certain $ amount put towards shares per month at zero strike price, until Series A (which will most likely happen in 12-18 months).
I’ve been working at MNCs for over a decade so my startup know-how is limited. I’d appreciate the help in understanding:
1- what strike price means 2- if zero strike price is a good thing
Is there anything else I should ask the founders about equity/shares before negotiating/accepting the offer?
Lastly what is the going rate for this types of documents to get drafted. I was recommended to a lawyer in CO that told me about 2k
Any help is much appreciated!