The opening paragraph: > Why are we still using old 1990’s cap tables and the same tiny option grants for employees as we did back then? Is that fair? To whom?

The opening paragraph: > Why are we still using old 1990’s cap tables and the same tiny option grants for employees as we did back then? Is that fair? To whom? Is it the right thing to do? I don’t think so. We're talking about fairness. Not the abstract elementary-school concept, but simply that employee equity compensation should not be wildly disproportionate to their risk (and, this is not counter-balanced by their salary or perks).