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For that matter, why not just distribute shares of YC, or a YC ownership vehicle, itself, rather than individual member companies. Take a percent of equity, ad
by jaggederest 9y ago
For that matter, why not just distribute shares of YC, or a YC ownership vehicle, itself, rather than individual member companies.
Take a percent of equity, add it to the "YC Mutual Fund", and return equal value in the form of "YC Mutual Fund" shares at par value.
- garmaine 9y agoThey would have to do this, to avoid limits on the number of shareholders in an privately held company.