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I specified weeks or months later, after initial traction. Take Airbnb for example: their first hire wasn't for over a year, is he only worth about 1-3% of the
by acconrad 10y ago
I specified weeks or months later, after initial traction. Take Airbnb for example: their first hire wasn't for over a year, is he only worth about 1-3% of the company? Probably not, but he also probably doesn't care because that 1% is worth $250-300MM after taxes. Most 1st employees aren't that lucky, and would be putting in a similar amount of time and sacrifice for a much smaller payout.
- tptacek 10y agoIf you join a year after the company starts, you're probably not a cofounder.