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I think it's simpler than that. Mira's startup was able to raise 100 million on just an idea. So she can just leave and become a paper centi-millionaire overni
by bko 2y ago
I think it's simpler than that.
Mira's startup was able to raise 100 million on just an idea. So she can just leave and become a paper centi-millionaire overnight and run the whole org. How can someone compete with that? You can't throw enough money at these guys to get them to stay
If the AI hype keeps going for another year or two, I'll look forward to Schulman leaving this new startup to start his own and raising another 9 figure amount where he's the majority stakeholder.
- charlie0 2y agoBingo. Founders end up taking the lion's share of all the stock. I've seen this over and over again everywhere, don't be a founding engineer, it's financially not worth it. This i the most evident when you're talking about close to 100M just by changing 1 position, into founder/CEO.