> I am not saying the engineer isn't worth it. She is. I am just pointing out how dilutive employee equity is becoming in silicon valley. Maybe this reflects

> I am not saying the engineer isn't worth it. She is. I am just pointing out how dilutive employee equity is becoming in silicon valley. Maybe this reflects the fact that it's so much easier to get by with less early capital these days. Those early employees are simply worth proportionally more to a startup than they might have been 5-7 years ago.