I don’t entirely disagree with you, but I would argue the change should come from the government directly with the tax code, not the companies themselves. The

I don’t entirely disagree with you, but I would argue the change should come from the government directly with the tax code, not the companies themselves. The tax code is an arbitrary set of constraints to an optimization problem that startups are solving to maximize the value of the money (and its runway) that has been invested into them. And with such a high startup failure rate in general, I can’t blame them for using the available levers to make that funding go as far as possible, even if that results in strange ways of incentivizing employees.