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Just to second this point, I am often courted by potential startup employers and I am usually pretty skeptical for exactly this reason.
by evmar 9y ago
Just to second this point, I am often courted by potential startup employers and I am usually pretty skeptical for exactly this reason.
- wtvanhest 9y agoYeap, imagine if the company's HR rep was able to say that their equity distribution is compliant with YC employee favorable equity standards (YCEFE) or whatever. I think it would make hiring much easier. Ultimately, the exits which barely pay investors back are not how YC or anyone in VC makes money (power law) so creating an equity standards system seems like an obvious choice.