I really doubt Dana and Woodman were thinking about it at the time, but this is a kind of a nice way to structure an equity compensation contract with early emp

I really doubt Dana and Woodman were thinking about it at the time, but this is a kind of a nice way to structure an equity compensation contract with early employees or investors. Instead of saying "I want x% of the company's shares," employees are probably better off looking at the most powerful person at the company and saying "I want y% of everything he makes."