Founder + Troublemaker @500Startups. Joker, Nose-Picker, Part-Time Sith Lord.
Well folks, if you weren’t paying attention before, I hope you are now.
a followup Q to that HR director — did they help educate the people who weren’t asking the right Qs? because that should be part of their job (at least at a good company)… to help them figure out their comp and ask the right Qs.
arguably, it should also be the job of founders and management team at that startup as well. if…
excellent post.
one caveat: many funds have more companies than just 20; these days 30–60 is not unusual for funds that focus on seed / series A companies. also the distribution of outcomes may not be equal thirds losers-saves-winners, and finally ownership may not be as high as 20% at maturity, and could be as small as 5…
