Re:Ask HN: My friend made it big. How to handle?
by BetaDeltaAlpha on Saturday August 14, 2021 @01:35PM
(#28182465)
> It would be interesting to see what a union could come up with as an industry standard contract concerning capital distribution/compensation.
I think you mean equity distribution.
EDIT, Had another thought after posting:
Historically, if you had a world changing idea, you had to work your way up the ladder at GE/Bell/HP to get the resources to implement it, and the company didn't grant any equity. Bell Labs employees had a ceremonial signing away of their IP for $1 during onboarding.
The idea that founders keep any equity is relatively new and if it's an indicator of a trend, it's likey that equity will be distributed more uniformly in future enterprises IMO.
I think you mean equity distribution.
EDIT, Had another thought after posting:
Historically, if you had a world changing idea, you had to work your way up the ladder at GE/Bell/HP to get the resources to implement it, and the company didn't grant any equity. Bell Labs employees had a ceremonial signing away of their IP for $1 during onboarding. The idea that founders keep any equity is relatively new and if it's an indicator of a trend, it's likey that equity will be distributed more uniformly in future enterprises IMO.