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The playbook for Equity compensation has changed dramatically in the last 20 years in drastic favor of the founders. During the dotcom days, the number of shar
by pfarnsworth 7y ago
The playbook for Equity compensation has changed dramatically in the last 20 years in drastic favor of the founders.
During the dotcom days, the number of shares that were given out was very generous. I know secretaries that made enough from IPOs in the late 90s that they could retire and buy a vineyard. Meanwhile I was a relatively early employee at a YC startup that had a successful exit. The founders made 8 figures and I made about 80k over 4 years. I would have made 10x more at a FANG with a regular comp package.