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I might be ignorant, but if they hit profitability relatively early in their hiring (and meaningfully de-risked themselves as a result), I could see them having
by kwang88 11y ago
I might be ignorant, but if they hit profitability relatively early in their hiring (and meaningfully de-risked themselves as a result), I could see them having the leverage to parcel out lower equity amounts.
Were you expecting a shallower decline in equity grants over time? Definitely curious to hear what others view as an expected employee equity structure.
- pyb 11y agoWell yes. Joel has been at Buffer for 6 years and Andy for 4 years. Joel has 42 times more equity than Andy. How's that make sense ? Anyway, I want to stop picking on this particular startup because, from looking at Angellist ballpark offers and various HN comments, this is seen as the normal. I find this reassuring in a way. That Silicon Valley is cocking up on this vital issue so vastly and consistently shows that it's still being run by fallible humans...
- pyb 11y agoAlso, kudos to Buffer for opening themselves up to criticism from randos such as myself