[geoffreyy]

Congrats on making it to YC 19!

Love the idea, in fact I started something similar[1] in March 2018 when I was switching job. I also heard too many stories of friends accepting early stage companies offers with little to no equity and I was hurting for them.

I hope we (employees) will finally get our leverage back and fight for better equity but ALSO better liquidity!

If founders get liquidity, employees should too, it's only fair.

[1] https://reffo.us/

[jrdngonen]

Thanks!

We aim to provide leverage to employees so they can make better decisions. We are starting with closing the information gap but, as you point out, there are tons of (very nuanced) problems that need solving.

We definitely want to encourage dialogue around equity compensation policies.

[chrdlu]

Completely agree! There is more and more liquidity these days for later stage startups! Not only are people paying up to get in, but sometimes they're paying a premium to what the last VCs paid.

[zuhayeer]

Reffo.us is pretty cool, curious why you stopped (or is it still going?)

[geoffreyy]

Well I didn't manage to solve the chicken & egg issue where there was no value for someone to put up their offer if there was no community adding feedback. I reached 500 users by posting on Blind app but not enough stickiness. I am open sourcing it next and hope to give it a new life!