Hacker News new | ask | show | jobs
by ginger123 3597 days ago
Splitting equity equally is a terrible idea, to use an old quote "Too many Caesars is not good". In any organization there has to be a one leader who is accountable. In case of the startups mostly likely that person is going to be the majority shareholder, splitting equally creates a rule by committee style of management, which is a terrible way to manage a company or country. Ask the Soveits if you don't agree.