That's a very interesting idea! This sounds like something that could be brokered more efficiently by YC or something similar - create an option pool for all t

That's a very interesting idea! This sounds like something that could be brokered more efficiently by YC or something similar - create an option pool for all the companies in a season (maybe 1% or 0.5% of each). 1% split 6 (8? how many companies per season?) ways isn't a ton, even in a big liquidity event, but's a nice hedge that would reduce risk for all the founders and make YC even more attractive. For instance, 1% of a $10 mil acquisition would be $100K. If there are 8 companies that round, each would get $12.5K, which for 2-3 founders is like another infusion of YC cash and a few more months of runway. Hardly enough to cause a moral hazard but still a significant benefit.