What I'm trying to determine is, if I take a below market rate salary at a startup, is it reasonable to ask for a percentage of equity (based on valuation at time of job offer) where the vested portion of my equity, plus my salary received after one year is around my market rate had I worked at a non-startup for the year?<p>As any value I work for below market rate I consider my risk, and I feel like I should be compensated for that in equity.<p>Thanks.
Absolutely dude. In fact you should ask for more. This is not only good for you but it benefits them as well. If you have a vested interest in the company succeeding, you'll naturally be more devoted to it.<p>The bottom line is, regardless of what people may say, working at a startup is risky and you will more than likely end up working more than your cubical-dwelling counterparts. Ownership is what makes this okay at the end of the day.
Definitely ask to a max.<p>That is also depends on your negotiation stance (your unique qualities that are hard to find replacement for) as well as startup's willingness to negotiate anything.<p>In other words have plan B in case they say "NO" to everything.