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Regarding the equity, it's interesting to see how prevalent "ideas are worthless, execution is everything" is, while, when a company hires their first engineers
by Timothee 15y ago
Regarding the equity, it's interesting to see how prevalent "ideas are worthless, execution is everything" is, while, when a company hires their first engineers, they're typically not far off from being just an idea. Still, the typical equity compensation is far from reflecting that.
- andrewflnr 15y agoIsn't equity just payment in advance for execution, though? It makes perfect sense to me.