jasonkwon

6 ms·

1. 31.▲
   by jasonkwon 8y ago

   It's clear you put time and thought into this post, so it deserves an equivalent amount in response. I think you’ve understood some things correctly, but not others, but that’s why we're on HN - to help clarify. (1) The modeling
2. 32.▲
   by jasonkwon 8y ago

   Michael's other blog post has some numbers: https://blog.ycombinator.com/yc-has-changed/
3. 33.▲
   by jasonkwon 8y ago

   Everything you say is fair. On the point about "at least 5%," this is addressed in footnote #3 to the blog post. It's true that it's a simplification, but that's partly what makes the construct easier to work with
4. 34.▲
   by jasonkwon 9y ago

   For foreign contractors the biggest questions are almost always going to be (1) are they developing any IP/tech, (2) if so, have they all signed contracts that ensure the company owns the IP they are producing and (3) how enforceable&#
5. 35.▲
   by jasonkwon 9y ago

   The main point was to make sure employees equity promises are taken care of ASAP so their upside is as good as it can be. The point about some hires being upset if the price goes up in the interim was just meant to illustrate what can happ