I am currently staring at an industry offer that is a direct match for my current $105k public salary, but it offers a massive 15% equity grant vesting over three years. The company is a privately held, family-funded logistics firm with zero plans to go public or sell to private equity anytime soon. Am I crazy for viewing this equity as essentially worth $0, or should I try to force them to convert that equity value into guaranteed base salary?

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Normally vesting means you have the option to exercise it for cash. Do you not have that option? And it doesn’t hurt to ask but normally companies do not view equity equal to salary.

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