MailChimp employees not getting equity is a big loss for the ATL ecosystem. Normally a $12B exit would create a huge pool of new angel investors who would help create the next wave of startups.
It’s pretty easy to estimate the employee outcome of a typical VC deal of this size. I’ll be very surprised if these bonuses turn out to be anywhere close to what an option pool would pay out.
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Sure thing. But the whole company journey and how they ran it is totally different right? How can you even compare that? Maybe employees had a much better life for 12 years at mailchimp compared to crunch culture at VC big tech.
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And I’m playing to the classical controversial points here. But that’s kind of my point of what we shouldn’t do.
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If the employees took full comp then what are they going to do - rewrite history, climb into a time machine and take pay cuts in exchange for RSUs?
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Nobody is suggesting that. We are just publicly shaming billionaires to share their wealth with the employees who created it for them
End of conversation
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