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In general what % of a project do you think is reasonable to go to founders? I mean if your answer is '0%, founders shouldn't get rewarded', that's fine, but wanted to check if that's true, or otherwise what % you'd say.
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I think if founders end up with 20% of a public company that’s great. For protocols it feels like sub 10% is more optimal. For 2 weeks work that largely involved forking others’ work, it feels like a lot less. What if it was 100k sushi vesting over 5 years with a 1 year cliff?
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If there was a solid team of 4-5 I’d say 1% since 99% of the work was forked. Vested over 5 years. I don’t view these people as founders or builders. They are migration and duplication engineers. If they invent something new and innovative, that’s different.
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Sure, so if you actually think 0.10% is the right number, then that's cool. I think it's hilariously low and you'll basically never find another project or company with a number that low (except for ones that decide it should be 0, which is a choice you could make!)
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Sam, come on. I offered up my office and any capital I could spare to help Uniswap get off the ground. Please don’t get on the high horse here. I have found this entire episode incredibly distasteful and was trying to engage in a fair discussion about vesting.
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well I definitely disagree with your definition of fair! Or at least of reasonable. But looks like we're just not going to see eye to eye on this. You seem like you hate sushiswap anyway and have no interest in it doing well so no point in continuing this conversation.
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