"And that would be the end of equity compensation in startups as we know it." Good. This entire industry is a lottery. We all laughed at the slot machines in t

"And that would be the end of equity compensation in startups as we know it." Good. This entire industry is a lottery. We all laughed at the slot machines in the hospital in the movie "Idiocracy". "You could win free health-care!" And yet we're all hoping to win a life of luxury on the start-up lottery.