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Highly suspect we will see a lot more single founder + 30-40% ESOP in the future.
*nuance I forgot. You can often get dramatically better talent for 5% as a first employee than you can for 40% as a cofounder. Weird shift in mental framing does a lot
It's not just a mental shift, it's a salary and expectation shift. Co-founders eat last (whether you raise or bootstrap). First employees take a salary hit, but should be shielded from the harshness of ownership.
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