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by beachstartup 4092 days ago
what this tells me is:

1. for employees, startups are a lottery where an ipo is no longer a prerequisite for winning

2. for the rich and well connected, there exists an entirely separate and privileged market for startup equity.

3. the world isn't a fair place and complaining about it doesn't help. be luckier or do your own startup if you want more money.