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.
Given what we know about the MailChimp culture, I’m willing to bet it wasn’t that nice 
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Okay alright. Well Twitter will be Twitter then :)
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More like, if you have a hammer, everything is a nail. Plenty of start ups around with stock in lieu of market salary for people who want that. Multiple compensation and funding models optimize what founders and employees want - it’s a good thing.
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