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Well, it's a key driver of Silicon Valley success over the past 50+ years.
by pbreit 11y ago
Well, it's a key driver of Silicon Valley success over the past 50+ years.
- angersock 11y agoThe employee equity relationship today is, I would suggest, quite different than even 20 years ago. EDIT: I refer you to the "The three-class society" section of this essay: https://michaelochurch.wordpress.com/2015/11/06/y-combinator-and-paul-graham-are-bad-for-the-world-part-1/ https://michaelochurch.wordpress.com/2015/11/06/y-combinator...
- s73v3r 11y agoIs it? How so?
- pbreit 11y agoEquity compensation is probably the biggest difference between a startup and all other companies. Silicon Valley is probably the epicenter of startup success and that equity compensation has been a key driver of such success.
- s73v3r 11y agoYou're gonna need more to back up that statement. Especially given how much people get fucked over with options, and how many startups just fail.