News for hackers. Stuff that matters.
Re:1% Equity for Founding Engineers Is BS by WrongAssumption on Monday February 10, 2025 @01:55PM (#43003749)
No one is doing that. Reality is employees want the upside without the downside risk.
Re:1% Equity for Founding Engineers Is BS by ghaff on Monday February 10, 2025 @02:10PM (#43003980)
It happens with partnerships sometimes. But it's generally a pretty risky move for a would-be partner to make unless there's already a money-making engine.
Re:1% Equity for Founding Engineers Is BS by righthand on Monday February 10, 2025 @01:59PM (#43003817)
But VC backed companies have way more risk for average employees. How can that be true if you might never get a non-diluted share or any compensation when sold off?
Re:1% Equity for Founding Engineers Is BS by datavirtue on Monday February 10, 2025 @04:29PM (#43005410)
Employees are always at great risk.