New ask Hacker News story: Ask HN: Why don’t startups share their cap table and/or shares outstanding?

Ask HN: Why don’t startups share their cap table and/or shares outstanding?
2 by axg11 | 1 comments on Hacker News.
Start-ups expect you to join as the 4th employee, work incredibly hard for years and not have a clear picture of your compensation? Am I meant to take a 409a valuation at face value? Is there a legal reason? If not, founders who are hiring, please know that withholding information like this is the easiest way to lose a potential hire.