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If you join while the startup is in the YC Founders Program [1], you're pretty much a cofounder, even if you have less equity than other employees. In that case
by jey 19y ago
If you join while the startup is in the YC Founders Program [1], you're pretty much a cofounder, even if you have less equity than other employees. In that case, yes, you get to go to the dinners.
1. The Founders Program is the 3 month program that YC runs.
- smg 19y agoWhat about early employees who join after the Founders Program?
- jey 19y agoThere are no dinners after the Founders Program. There are some other invitation-only events like the reception on the night before Startup School, but I assume that employees of YC companies will most of the time be allowed to attend these events. As Paul said in another post, "There's no rule one way or the other. So far there hasn't had to be, because none of them have that many employees. I doubt it will ever be enough of an issue that we have to think about it."
- sbraford 19y ago"pretty much a cofounder"? with about 1% overall or 5% of a real cofounder's stock. the guys at the new startup I joined work pretty hard, but I'll never work 80 hours a week for 1% or .01% of a company.
- pg 19y agoIf you joined a YC-funded startup that early, you could expect more than 1%.