[lbacaj]

The article is good but it’s missing a big point that equity in startups is tied to risk taken not to contributions.

Many people, including myself, make this mistake the first round at startups. The mistake of believing if you work hard the outcome will be good. I wrote an article a little while back on how this relationship works and how it follows a logarithmic and exponential relationship, risk and equity, and how human minds are terrible at understanding those scales.

For anyone interested: https://louiebacaj.com/equity-and-risk/