996

I've never understood the risk trade-off for early stage employees (Employees ~4 through ~10-20).

At this stage equity packages are often <0.5% over 4 years. Founders on the other hand may have more like 30% equity at this stage.

But the odds of success are still quite low - <3% is generous.

In venture funded companies I think it's wrong to say that at <10 employees, founders are 60x more responsible for company outcomes (or taking on 60x more risk), even accounting for what they did to start the company.

That being said - I get working hard if you're appropriately rewarded for it. Just less so if it's primarily on behalf of someone else.

There is a reason the bay is filled with foreign workers. The investers are well aware they are offering a bad deal. They want (not need) to exploit people with as few options as possibe.

I belive religous texts are mostly a coded way of rerfering to this type of person aka demons and to stay away from their offers..