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by Quanticles 4090 days ago
If this doubles the chance of a unicorn, then everyone involved comes out ahead. Nice system
1 comments

What does "the chance of a unicorn" mean?
Unicorn usually refers to a company valued at >$1 billion[1].

So if a scheme like this increases the odds of massive success enough, then the average return to everyone (even those 'taxed') under this progressive scheme would be higher than with a normal equity scheme and the reduced chance of a world-changing exit.

[1] http://fortune.com/unicorns/