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by yahna 3215 days ago
But they are totally taking on all the risk and hard work. YOu just have to work insane hours for half of your worth with the risk of getting fired. That's no risk at all compared to being a founder, you should be grateful they gave you that (pre-dilution) 0.015% as employee number 1. After all you get ot build something great!
1 comments

Which is funny, given that much of their risk is probably just to reputation, if they are funded from angels and operate as a LLC, or whatever.
I always assumed founders put at least some of their own money into the venture. Isn't that the norm?

Were I a VC I wouldn't back someone without skin in the game.