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I agree it doesn't have anything to do with YC. My point is that it seems like its gotten worse and worse as the years go on, toi be a startup employee. Since
by chollida1 9y ago
I agree it doesn't have anything to do with YC. My point is that it seems like its gotten worse and worse as the years go on, toi be a startup employee.
Since YC is dependent on their being high caliber startup employees available for its portfolio companies, then at some point perhaps they might want to look into what can be done to help improve the outcomes for employees.
I mean, I think you can argue they did a lot to help founders, mostly with advice, term sheets, etc but founders were never really getting screwed.
You can argue, and I guess I sort of am, that employee's are now getting pretty screwed. It used to be that the unwritten rule was that in roughly 5 years of founding you'd know if you were going to get a payout from your shares.
Now a days 10+ years without any liquidity event are not in anyway uncommon.