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I wrote this very thing to an investor once. Norms aside, due to information asymmetry the only companies worth getting equity from are the ones not including e

I wrote this very thing to an investor once. Norms aside, due to information asymmetry the only companies worth getting equity from are the ones not including equity in an offer. For every one Shopify there are a hundred weasels or failures. You get much better people by just offering higher cash and they can buy into your round if they really, really want to.

krallja 9y ago
> and they can buy into your round That’s a good way to ensure you’re only hiring millionaires. Accredited investors must have a million dollars in net assets, or income over $200,000 ($300,000 married) per year.
- 3pt14159 9y ago
  Not if they're personal connections. I've never seen it as a problem.
  - krallja 9y ago
    I think you can't have it both ways. Either you hire only accredited investors (and personal connections), or the job candidates have no legal way to acquire equity.