What does "equity stake" mean?
What does it mean when someone says " he offered to take a salary cut in exchange for a small equity stake in the business."?
What does it mean when someone says " he offered to take a salary cut in exchange for a small equity stake in the business."?
JoeyV
Favorite Answer
It means someone gave him an ownership interest in the business, usually through giving him shares or by making him a limited partner. Rarely it means that they gave him options.