Thoughts on being an operating partner on a 1099 vs an in house role? I have both options, just trying to weigh the pros/cons

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I would take the 1099 but set it up as C2C. I can always join later as an FTE, if there’s chemistry.

Pros and cons of both. 1099 usually means you can set up LLC and write a bunch of stuff off. But the comp formulation is tougher as you are not in the GP (for things like carry).

What level are you and how are they paying you?

Higher tax rates for 1099, too.

You need a significantly higher 1099 compensation to get the same take-home

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