Interesting article, and I think part of the underlying point is that you might be better off building a smaller, less complex company if your primary goal is j

Interesting article, and I think part of the underlying point is that you might be better off building a smaller, less complex company if your primary goal is just to get to some (relatively small) exit. It doesn't address the Equity Equation though. In theory you should be assigning shares based on some roughly calculated guess as to how much additional value those other employees (or founders) will bring. Sure, if you can do it all yourself there is no need or reason for massive dilution by handing out shares to other people. But the reality is that you often have the "technical" founder and the "business" founder. In the majority of cases they are both worthless without their combined talents and contributions.