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Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner... by paol on Friday January 20, 2012 @06:25PM (#3491745)
The definition of risk you're using is incorrect. Roughly, risk = probability x consequence. The probability of a startup failing is the same for the founders as for the employees. The consequence is not.
Re:Joel Spolsky's Totally Fair Method to Divide Up The Owner... by hythloday on Friday January 20, 2012 @06:38PM (#3491811)
Ah, I wasn't aware of that definition. Thanks, that's a nice mental model.