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I find the equity split between Drew (25.3%) and Arash (10.3%) especially interesting given @paulg's 2014 tweet that "Zero of the most successful YC companies h
by a_taylor 9y ago
I find the equity split between Drew (25.3%) and Arash (10.3%) especially interesting given @paulg's 2014 tweet that "Zero of the most successful YC companies have a significantly disproportionate equity split"
https://twitter.com/paulg/status/535588566978404352 https://twitter.com/paulg/status/535588566978404352
- hueving 9y agoHow is that not counterevidence given the significant split between the two?
- andyfleming 9y agoI think that may be his point (that PG views that as an appropriate split for one or more reasons).
- portman 9y agoIt may have started equal at founding and changed over subsequent rounds. I know of a case where 4 founders started equal and differed by order of magnitude by the end.
- Hydraulix989 9y agoHow did this happen?
- LoungeFlyZ 9y agoMany will sell some of their stock during a funding round to the new investor to take some money out and blow it on lambos.
- mbesto 9y agoCome to think of it - I don't many successful startups where the split is exactly equal prior to the IPO. You'll find in the twitter replies that most people don't agree with his anecdata.
- tim333 9y agoDropbox was an unusual case in that Drew built the product and got into YC before getting Arash to join. I guess maybe a lesson is that you can invent and code up something like the early dropbox on your own but it's useful to have a cofounder when employing a bunch of people and building a company?