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by tspike 2381 days ago
Two words: dilution and liquidity

This typically happens at big companies, though.
2 comments
PopeDotNinja 2380 days ago
Yes, and liquidation preference. A company can get sold for $1 billion and still have 20-percent-owning founders who get $0 from the sale.
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chillacy 2380 days ago
Being a startup employee is statistically just a bad deal, in terms of hours invested to equity out. Being a cofounder or advisor isn’t too bad.
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