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Or you can just acknowledge the fact that it's basically a lottery and ignore equity altogether, since it never matters unless you're one of the founders, in wh
by marssaxman 11y ago
Or you can just acknowledge the fact that it's basically a lottery and ignore equity altogether, since it never matters unless you're one of the founders, in which case it's your job to create the right startup.
- ryandrake 11y agoAfter decades in this industry, I'm convinced that this is the only rational strategy. Treat equity compensation as "close to zero value" unless it's immediately convertible to cash.