I will be joining as a senior developer on a startup and I will be working 20 hours a week remotely. I have a day job which pays my bills now.
The company is not funded yet so we will not be given any cash now. I've been given two choices. Get stock options or Convertible notes:
Could you help me choosing the best for me based on the details given below:
1- There are lots of chances that the company will be funded in 2-3 months and I will be paid some cash after that.
2- There are chances that the application starts generating in 12-14 months.
Could you give me the differences between stock options and convertible notes and in my situation which choice will get me the max money if the company is a success? Thank you.