I'm a big believer in equity. I won't work for anyone anymore unless I've got an equity play.
Start ups are one of the few ways a relatively junior person can get a significant equity stake.
I've had good and bad experiences with start ups, but I'd do it again if the right opportunity came along.
If my kid asked me for advice on whether or not to work for a start up, I'd be inclined to tell him to go for it, assuming the business model looks promising, and there's a...