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by dlubarov 1473 days ago
> When we hired the next 10 people, the value/% of my shares did not get affected.

Where did the new hires' shares come from, if not dilution?

They might have come from an option pool, but that just adds a layer of indirection. When the option pool runs low, typically it is replenished with new shares, diluting existing ones.

So I think the dynamic you're describing already exists in most startups.