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← Too-high company valuations are dangerous for employees issued equity at those levels.
17 connected korrents · 18 moments from 28 Oct 2011 to 23 Sept 2026.
Everything filed under startups
startups
Everything filed under investing
investing
Everything filed under product management
product management
Everything filed under venture capital
venture capital
Everything filed under value investing
value investing
Everything filed under management
management
Everything filed under America
America Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Same subject Read this korrent: Too-high company valuations are dangerous for employees issued equity at those levels. Too-high company valuations are dangerous for employees issued equity at those levels. Last stated 2 months ago
10 Sept 2026
GO
Gergely Orosz — holds since 2026-09-10 — tap for who they are
Same subject: A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. — tap to centre the map on it A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires. Last stated 11 months ago
3 Dec 2025
AD
Aswath Damodaran — holds since 2025-12-03 — tap for who they are
Same subject: For most startup employees, equity turns out worse than they hoped, but negotiating the right terms and setting realistic exit expectations can still make it worthwhile. — tap to centre the map on it For most startup employees, equity turns out worse than they hoped, but negotiating the right terms and setting realistic exit expectations can still make it worthwhile. Last stated a month ago
22 Sept 2026
NM
Nick Maggiulli — holds since 2026-09-22 — tap for who they are
Same subject: The moment somebody offers you more, that is what you are worth — it is market evidence, and you cannot unsee it. — tap to centre the map on it The moment somebody offers you more, that is what you are worth — it is market evidence, and you cannot unsee it. Last stated 5 months ago
3 Jun 2026
KH
Kelsey Hightower — holds since 2026-06-03 — tap for who they are
Same subject: 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. — tap to centre the map on it 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. Last stated 15 years ago
28 Oct 2011
PM
Patrick McKenzie — holds since 2011-10-28 — tap for who they are
Same subject: A pay package that pays nothing unless the stock rises enormously is a good deal for shareholders, and most chief executives would refuse it. — tap to centre the map on it A pay package that pays nothing unless the stock rises enormously is a good deal for shareholders, and most chief executives would refuse it. Last stated 5 months ago
9 Jun 2026
BG
Bill Gurley — holds since 2026-06-09 — tap for who they are
Same subject: The banks earning the highest returns on equity before 2007 mostly went bankrupt, and earning less in the good years is what let JP Morgan survive. — tap to centre the map on it The banks earning the highest returns on equity before 2007 mostly went bankrupt, and earning less in the good years is what let JP Morgan survive. Last stated a year ago
16 Jul 2025
JD
Jamie Dimon — holds since 2025-07-16 — tap for who they are
Same subject: Building substantial wealth requires owning equity in a business rather than merely earning income from one. — tap to centre the map on it Building substantial wealth requires owning equity in a business rather than merely earning income from one. Last stated a month ago
23 Sept 2026
BR
Barry Ritholtz — holds since 2026-09-23 — tap for who they are
Same subject: Enterprises buy from startups now because the risk of keeping the status quo has come to look larger than the risk of the startup. — tap to centre the map on it Enterprises buy from startups now because the risk of keeping the status quo has come to look larger than the risk of the startup. Last stated 3 months ago
31 Jul 2026
PC
Patrick Collison — holds since 2026-07-31 — tap for who they are
Same subject: A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. — tap to centre the map on it A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for. Last stated 5 months ago
2 Jun 2026
MP
Mark Pincus — holds since 2026-06-02 — tap for who they are
Same subject: AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. — tap to centre the map on it AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them. Last stated 4 months ago
18 Jun 2026
LT
Lip-Bu Tan — holds since 2026-06-18 — tap for who they are
Same subject: Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. — tap to centre the map on it Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same. Last stated 2 months ago
3 Sept 2026
PG
Paul Graham — holds since 2026-09-03 — tap for who they are
Same subject: A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. — tap to centre the map on it A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now. Last stated 11 months ago
9 Dec 2025
HM
Howard Marks — holds since 2025-12-09 — tap for who they are
Same subject: A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. — tap to centre the map on it A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate. Last stated 4 years ago
1 Jun 2022
OB
Olivier Blanchard — holds since 2022-06-01 — tap for who they are
Same subject: A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. — tap to centre the map on it A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement. Last stated 2 months ago
21 Aug 2026
RD
Ray Dalio — holds since 2026-08-21 — tap for who they are
Same subject: "Simplify onboarding" is an action, not a problem, and a roadmap line written that way will not work. — tap to centre the map on it "Simplify onboarding" is an action, not a problem, and a roadmap line written that way will not work. Last stated 2 years ago
19 Jan 2025
EV
Elena Verna — holds since 2025-01-19 — tap for who they are
Same subject: A company captured by ideology will produce useless products — tap to centre the map on it A company captured by ideology will produce useless products Last stated 3 years ago
8 Mar 2024
DH
David Heinemeier Hansson — holds since 2024-03-08 — tap for who they are
Same subject: A company needs someone with a product vision to recover — tap to centre the map on it A company needs someone with a product vision to recover Last stated 4 years ago
5 Nov 2022
DH
David Heinemeier Hansson — holds since 2022-11-05 — tap for who they are
At the centre
Too-high company valuations are dangerous for employees issued equity at those levels.
Holds Read this korrent →
A company priced in the trillions is not thereby overpriced; the test is what revenues and margins that price actually requires.
Holds
For most startup employees, equity turns out worse than they hoped, but negotiating the right terms and setting realistic exit expectations can still make it worthwhile.
Holds
The moment somebody offers you more, that is what you are worth — it is market evidence, and you cannot unsee it.
Holds
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
A pay package that pays nothing unless the stock rises enormously is a good deal for shareholders, and most chief executives would refuse it.
Holds
The banks earning the highest returns on equity before 2007 mostly went bankrupt, and earning less in the good years is what let JP Morgan survive.
Holds
Building substantial wealth requires owning equity in a business rather than merely earning income from one.
Holds
Enterprises buy from startups now because the risk of keeping the status quo has come to look larger than the risk of the startup.
Holds
A founder should take half the valuation if it buys all of the control, because the right to be wrong in your own way is what founding was for.
Holds
AI factories and foundries are too capital-intensive for venture money; they need government or sovereign funds behind them.
Holds
Being formidable means getting what you want in any situation, and that is exactly why investors want it: a formidable founder's interests and theirs are the same.
Holds
A bubble can only be identified in retrospect, so arguing about whether one is happening now cannot be settled now.
Holds
A central bank can eliminate a self-fulfilling ('sunspot') debt crisis simply by credibly committing to buy as many bonds as needed at the low interest rate.
Holds
A government debt crisis is measurable and therefore visible well in advance; the diagnostic is mechanical rather than a matter of judgement.
Holds
"Simplify onboarding" is an action, not a problem, and a roadmap line written that way will not work.
Holds
A company captured by ideology will produce useless products
Holds
A company needs someone with a product vision to recover
Holds