Foolish equity

Would I be willing to work for a company full-time instead of “doing my own thing?”

It depends on the offer.

And the usual offer that comes across my desk is put forward by an untried and untested co-founder for pay that is far below market rate and 1% or 2% equity before dilution.

I would be a fool to take it.

And it would not help my cofounder if I were that much of a fool.