Yep, totally agree. I like to juxtapose it with the relative likelihood of exits at various orders of magnitude. A $1mm exit seems way easier than a $100mm exit, right?
In the ideal case, how much would you make on that $1mm exit if you were the sole, bootstrapping founder?
How much are you going to make in the ideal case as an employee at the $100mm exit after Series A and B rounds of funding when your initial stake was 1%?
In the ideal case, how much would you make on that $1mm exit if you were the sole, bootstrapping founder?
How much are you going to make in the ideal case as an employee at the $100mm exit after Series A and B rounds of funding when your initial stake was 1%?