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by sl9dmk2
1527 days ago
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Gotta love the satire. Another thing investors have is access to the full cap table and what people are paid across their entire portfolio. Employees have hearsay and scraps of info that friends are willing to share. Limited information = easy exploit Found this database of startup comp that sorta evens the playing field: https://topstartups.io/startup-salary-equity-database/ Anything else out there? |
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The innovation of Silicon Valley isn't anything to do with technology, and hasn't been since the 1990s. Rather, it's the disposable company. If the investors get sick of something existing, they can choose not to fund it in the next round, call their friends and tell everyone else not to fund it, and it dies, allowing them to build something new in its place. The advantages (to investors) of the disposable company are legion, but one if them is that it doesn't matter all that much if you pick a scumbag. Which is also why YC backs so many DVFs (domestic violence founders). If they're jerks who get stuff done, you can let them collect a few million before firing them and putting your buddies in executive positions; if they're jerks who don't get stuff done, then you scrap the company and fund some other DVF.