FWIW: This experience isn't all that rare, it is just rarely mentioned publicly.https://twitter.com/JustJake/status/1225234475904188416 …
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Similarly "Google, a sophisticated organization which has an informational advantage in every conversation with every geek ever, was OK with paying candidates similar to this ~$150k in 2005. That may have been fair, but it certainly doesn't upper bound the numbers that are fair."
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Schelling points are not well understood, particularly in this context. Would you be willing to elaborate more?
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Schelling points are the defensible agreement you’d make with a counterparty in absence of an agreement. If a founder and VC in SFBA are sizing the options pool, prior to discussing, they’re both thinking “I’m an auto-yes at 20%; that’s standard.”
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Are you less capitalist in the winter?
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