Equity in a Delaware partnership LLC?

So, I recently had a company reach out to me and offer me a position as CTO. They're offering quite a bit of equity. The part that concerns me is that they're not a c corp, they're a “Delaware partnership LLC”. The cofounders have founded companies before, and they're offering the equity on a vesting schedule. So, they seem to know what they're doing. They're planning to bootstrap everything without investment, so that's not the issue.

My concern is whether the equity they're offering would actually be valid. I'd rather not get screwed over.


submitted by /u/ksoviero
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