It's from 2017 but this goes some way to explaining it: https://techcrunch.com/2017/11/27/two-giant-european-vcs-want-founders-to-give-more-equity-to-employees/

It's from 2017 but this goes some way to explaining it: https://techcrunch.com/2017/11/27/two-giant-european-vcs-want-founders-to-give-more-equity-to-employees/ https://techcrunch.com/2017/11/27/two-giant-european-vcs-wan...