To put things in perspective, in 1999 I joined a company that ipo’ed in 1997. The company’s first admin assistant made enough from the ipo to buy a vineyard in

To put things in perspective, in 1999 I joined a company that ipo’ed in 1997. The company’s first admin assistant made enough from the ipo to buy a vineyard in Napa valley. I was employee 40 at a YC company and after exit I made 5 figures whereas the founders made high 8 figures. YC definitely teaches the founders to keep a higher percentage of equity for themselves and distribute less to employees.