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by iAMAGuest 3147 days ago
> Never mind that the founders or CEO will have 1000X more equity than you, employee (if you have equity at all). You're in it together!

It's a falsehood to think that every company is a profit machine, many employers are small business so 1000x more equity is not really much.

2 comments

Great, we'll ignore them and focus on companies like the author's: Ameritrade. Also, every Silicon Valley company. And the point isn't whether a company exits or not -- the point is that the potential rewards are so lopsided, any notion of "we're in it together" is just idiotic.
If it's not all that much, why not share it equally among all employees. You want everybody to be sitting in the same end of the seesaw, right?
> If it's not all that much, why not share it equally among all employees. You want everybody to be sitting in the same end of the seesaw, right?

Ok, but remember you take the good with the bad. Statistically more business fail than survive, so if you want to take that risk then why not. But even easier you could start your own business and share the utopian form of employment with your staff.

Founders have the courage to sit on the risky and stressful side of the seesaw.

Haven't you heard? Founders are not free to just walk away! The horror.

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