That strategy doesn't always work. The only thing that story proves is that Felix knows what he's doing and the employees weren't worth the equity because clea

That strategy doesn't always work. The only thing that story proves is that Felix knows what he's doing and the employees weren't worth the equity because clearly they didn't. There are a lot of companies that just would not have made it without outside capital and experience, even if the founders got less rich after the exit than they would have if they still collectively had 100% of the company.