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← An employee’s startup equity grant is most likely worth nothing,…

8 connected korrents · 10 moments on record from 28 Oct 2011 to 3 Sept 2026.

Everything filed under startups startups Same subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subjectSame subject Read this korrent: An employee’s startup equity grant is most likely worth nothing, because people overestimate both the odds of success and their own share of it. An employee’s startup equity grantis most likely worth nothing,because people overestimate both theodds of success and their own shareof it. PM Patrick McKenzie — holds since 2011-10-28 — tap for who they are Same subject: A belief nobody else shares is a warning, and a belief everybody shares is also a warning; the right number of people who agree with you is small but not zero. — tap to centre the map on it A belief nobody else shares isa warning, and a beliefeverybody shares is also awarning; the right number of… SA Sam Altman — holds since 2026-07-28 — tap for who they are Same subject: A founder cannot delegate judgment: the chief executive has to make the decision that makes sense to them, however much momentum the alternative has. — tap to centre the map on it A founder cannot delegatejudgment: the chief executivehas to make the decision thatmakes sense to them, however… MH Max Hodak — holds since 2026-08-07 — tap for who they are Same subject: A founder needs ambition rather than a sense of duty, because a startup is grueling enough that dutifulness will not carry anyone through it. — tap to centre the map on it A founder needs ambitionrather than a sense of duty,because a startup is gruelingenough that dutifulness will… PG Paul Graham — holds since 2026-09-03 — tap for who they are Same subject: A hardware startup's first customer should be a hyperscaler, because only that scale turns a design win into a business. — tap to centre the map on it A hardware startup's firstcustomer should be ahyperscaler, because only thatscale turns a design win into… LT Lip-Bu Tan — holds since 2026-06-18 — tap for who they are Same subject: A large cargo airship is probably not fundable as a startup, because it stays capital-intensive and risky until late in development. — tap to centre the map on it A large cargo airship isprobably not fundable as astartup, because it stayscapital-intensive and risky… ED Eli Dourado — holds since 2023-01-30 — tap for who they are ED Eli Dourado — no longer holds since 2024-10-14 — tap for who they are Same subject: A startup does not have to set out to build the greatest business in history; a merely good business is a legitimate thing to aim at. — tap to centre the map on it A startup does not have to setout to build the greatestbusiness in history; a merelygood business is a legitimate… AS Aravind Srinivas — holds since 2024-06-19 — tap for who they are Same subject: A startup does not need a growth team to start growing, because the first wave of growth has to be founder-led. — tap to centre the map on it A startup does not need agrowth team to start growing,because the first wave ofgrowth has to be founder-led. EV Elena Verna — holds since 2025-01-19 — tap for who they are Same subject: A startup should not begin life as a nonprofit and bolt a for-profit arm on later, whatever OpenAI's own history suggests. — tap to centre the map on it A startup should not beginlife as a nonprofit and bolt afor-profit arm on later,whatever OpenAI's own history… SA Sam Altman — holds since 2024-03-18 — tap for who they are
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At the centre An employee’s startup equity grant is most likely worth nothing, because people overestimate both the odds of success and their own share of it. Holds Patrick McKenzie Read this korrent →