My experiences are the same that equity in private companies is not significant. Worse yet, in all of my experiences the private equity I could have bought or did buy were all 100% losses.
[1] https://www.quora.com/What-percentage-of-Tech-startups-eithe...
On a different topic, I think your response mrkurt is a violation of the commentary guidelines:
- "Be kind. Don't be snarky. Converse curiously; don't cross-examine. Edit out swipes. Comments should get more thoughtful and substantive, not less, as a topic gets more divisive."
- "Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something."
What I wouldn’t do is jump through any hoops like a take home test when jobs in that pay range are (were? I don’t know what the current market is like) a dime a dozen and I could just do one phone screen and a soft skills interview for half a day and get a job making that much.
If a company expects me to jump through hoops that take more time, the resulting reward need to be commensurate with that.
But not all jobs are for all people.