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If this doubles the chance of a unicorn, then everyone involved comes out ahead. Nice system
by Quanticles 11y ago
If this doubles the chance of a unicorn, then everyone involved comes out ahead. Nice system
- marssaxman 11y agoWhat does "the chance of a unicorn" mean?
- austinsharp 11y agoUnicorn usually refers to a company valued at >$1 billion[1]. So if a scheme like this increases the odds of massive success enough, then the average return to everyone (even those 'taxed') under this progressive scheme would be higher than with a normal equity scheme and the reduced chance of a world-changing exit. [1] http://fortune.com/unicorns/ http://fortune.com/unicorns/