4 ms·
That's a bad rule. You just have to do the math. Does giving away n% ownership increase your chances of success (or eventual magnitude of it) by enough to jus
by webwright 18y ago
That's a bad rule.
You just have to do the math. Does giving away n% ownership increase your chances of success (or eventual magnitude of it) by enough to justify giving it up? A lot of times, it does. A co-founder offers a lot more than free labor.
- rms 18y agosee http://www.paulgraham.com/equity.html http://www.paulgraham.com/equity.html for more detail