I have started an internship at a software start-up. I am paid just enough to pay my rent and food. This was made clear in the interview by the founder and CEO that "I'd like to pay you more, but can't". The reason I choose to go with them anyway was because I thought that I would get experienced more quickly.
They hinted that I will probably get an offer at the end of my internship. I would then be the second or third hired engineer. Here is what I think could happen :
I get an offer at an interesting salary. Unless they closed some kind of big deal, I would tend to think that they lied to me the first time.
They offer me a low salary. I would probably decline as I don't have any money in the bank right now.
The logical conclusion I guess is a somewhat low salary, and some equity.
How do I ask that ? I definitely can't explain the first point like I do here. I'm not sure either that it is in the "company DNA" to do so.
Note : I saw this question but the situation is different, as the person in the question has already accepted something and wants to change the terms. On the contrary, I want to avoid that kind of situation by knowing what I can say beforehand.