I have been working in a startup for quite some time now. Recently they have raised seed capital so now going to formalize stuff. They have given me an option to choose between Equity or ESOPs.
I am confused, what should I choose? Points to consider are : Equity are subject to dilution in later round of financing, but gives more control (i think), where as ESOP have some strike price associated with it?
Please tell me the parameters on which I can take a decision?
Secondly how much is the acceptable range of equity for first few employees in a web startup?