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The purpose of equity is to align interests and unite people in a common cause. Alignment is a powerful driver of success. Pushing people to work harder is coun
by paulsutter 12y ago
The purpose of equity is to align interests and unite people in a common cause. Alignment is a powerful driver of success. Pushing people to work harder is counterproductive, cargo cult management, and a good sign to go work somewhere else.
Several comments here criticize the distribution of equity in many startups. Yes, inadequate equity grants have an inadequate effect. A startup should bring in the very best people and giving them outsized equity grants.