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Silicon Valley’s Best Kept Secret: Founder LiquidityAsk most venture-backed founders why they get 10x more equity than employee #1, 100x more equity than employee #5, and 1000x more equity than employee #15, and you'll get the same answer: "I'M TAKING SO MUCH RISK, IT'S SO HARD TO START A COMPANY, I MADE A BIG MOVE!!!" And then you'll ask, "but why are you yelling?” The narrative of the founder's risk is a cornerstone of Silicon Valley's mythology. Founders are celebrated for leaving stable jobs... 2024-06-08T17:35:35-0700 Stefan Theard 1,000 words Rated 2024-06-14T17:22:26-0700 - sethherr
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