As a lead/staff engineer, I was recently offered 0.1% equity at a post Series A startup after working at it for almost a year. It's the 1st grant and vesting started at day 1.

While on paper they say this grant could be worth $1m if startup is valued at $1b, it's still only 0.1% of the company and $50k at the last valuation.

Strike price is really low but I am still wondering if I am being lowballed?