Giving out equity in startups benefits ownership way more than employees. It allows the owners to push employees harder and harder because “you’ve got skin in the game now… you’re an owner.” No you aren’t. Owning less than 1% of anything isn’t ownership.
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He didn't say it wasn't (potentially) valuable...just that it's not *ownership*
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Exactly.
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I don’t think an employee holding 0.1% equity at a company is delusional to believe they have ownership. Its all about the potential upside and whether their stake is at XYZ potential marketcap justifies those sacrifices.
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