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let’s not sit here and pretend it’s that simple. there is certainly a gulf in the present day equity split between even the least helpful founder and the most
by perfmode 8y ago
let’s not sit here and pretend it’s that simple.
there is certainly a gulf in the present day equity split between even the least helpful founder and the most instrumental employee.
- parvenu74 8y agoIt certainly is that simple. I know a lot of serial contractors who would rather take the guaranteed $150/hour instead of $95/hour+equity because the latter is a crap shoot. Sure, there will be cases where they could say "If I had taken the equity deal on GitHub/Instagram/Fabulous Startup I could retire now".... they can dry their tears with the realization they are still in the top 2% of all income earners even without the equity millions.
- perfmode 8y agolet’s face it: the distribution of equity is about leverage and convention. as a community, we anchor each other by saying things like what you’re saying. if more people felt the way i do, as a community, we would not accept the status quo. it sounds as though your stance is founded upon a just-world hypothesis.