Hacker News new | ask | show | jobs
by sharemywin 3728 days ago
The way equity is handed out to employees is BS. Yes, getting an investor to invest is hard work. But, if you can get past the momentum phase, employees are what make it work. Now, it's set up like a lottery. Investors and Founders get 90%. The rest of you few hundred people get 10% with most of the founders friends and early hires get a lot of that. No wonder the 1% own everything.