1) No, and I would have been incredibly surprised if they had. I had only finished two years of school, and had very little experience when I started. None of us had any idea how it would work out. It would have been foolish to offer equity then.

2) Being in school, the money wasn't a huge issue for me. They took care of my housing and most of my living expenses, so it's not as if I had to support myself on no income.

More importantly, the opportunity was just too good to pass up. It's rare to get the chance to be at a four-person company. I knew that I'd get fantastic experience and learning out of it. After just two years of school, those two were more important than money.