[techslave]

> At founding, the company allotted about 13% of company stock for employee ownership.

Is this meant to be disparaging? it’s actually above average (of 10%).

Note that at each finding round, and as needed if you make too much money (don’t spend money fast enough to require another round), you allocate another chunk. The 13% isn’t fixed for eternity.

That’s like the first paragraph. It’s already clear author doesn’t understand how companies work.