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This came up a couple days ago: http://news.ycombinator.com/item?id=1736166 http://news.ycombinator.com/item?id=1736166

• ryanwaggoner 16y ago
  Thanks! That answers the question about the startups, but what about your view on the subject? Do you think it's generally better for startups to raise if they can get good terms?
  • pg 16y ago
    It turns out you can give a fairly precise answer to that question: http://paulgraham.com/equity.html http://paulgraham.com/equity.html
    • ryanwaggoner 16y ago
      It's hard to remember what all you've covered in your essays :) Thanks again.