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You don't see fat tails that often. The fastest athlete is not millions of time faster than the average Joe. A non monetary example is fame, and there does seem to be fewer conspiracy theories about how fame is achieved.
The fastest athlete might win a thousand times more races against average Joes than they would win against him.
![∃𝑋[∅∈𝑋∧∀𝑦(𝑦∈𝑋⇒𝑦∪{𝑦}∈𝑋)]](https://pbs.twimg.com/profile_images/976278603989168129/5nzgS7j4_normal.jpg)
And the exponential of its speed would also create an extreme difference, but I don't think that's the unit people typically focus on.
An industry is like a race in the sense that the company which does the best job of serving customers will make a disproportionate amount of money. If the competing product is inferior and more expensive, why would anyone buy it? Just like a race, 1st is better than 2nd.
Are the founders a thousand times more responsible for the success of a company than the 200th employee? YC stresses being generous with equity to employees, but what about being even more generous? What do you think is the upper bound in equity comp?
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