equity

5 statements across 5 episodes · 1 bullish · 3 bearish · 4 people on the record · first statement Mar 17, 2017 by Sam Altman · across every show →

Everything said about equity, oldest first

Mar 17, 2017 positive
Insight
Altman: Co-founders should receive near-equal equity splits
“If you're not willing to give someone, your co-founder, you know, like an equal share of the equity I think that should make you think hard about whether or not you want them as a co-founder.”
Sam Altman Mar 17, 2017 ▶ 25:05 Team and Execution with Sam Altman (How to Start a Startup 2014: Lecture 2) · Y Combinator
May 1, 2017 negative
Opinion
Altman: Most VCs give founders bad advice on employee equity
“And this is one place that your investors will always give you bad advice. I think, not YC, but all other investors give bad advice here, most do.”
Sam Altman May 1, 2017 ▶ 11:01 Later Stage Advice with Sam Altman (How to Start a Startup 2014: Lecture 20) · Y Combinator
Mar 9, 2018 neutral
Assertion Partly supported
Bromberg: Early-stage deals historically used only equity before convertible notes
“Historically, all of these deals had been done with just equity, straight equity, selling preferred stock.”
Andy Bromberg Mar 9, 2018 ▶ 19:27 Andy Bromberg - Startup Investor School Day 4 · Y Combinator
Jul 3, 2019 negative
Insight
Hale: Founders should only give co-founder equity to actual co-founders
“And for us, we actually feel like the only people you should be giving equity, equity to for co-founder is two other co-founders.”
Kevin Hale Jul 3, 2019 ▶ 2:50 Updates for Startup School 2019 and Office Hours with Kevin Hale · Y Combinator
Nov 1, 2023 negative
Insight
Seibel warns college student developers are often treated as typers without equity.
“And then I guess, you know, last but not least is the college student who, like, in most cases isn't even offered equity. Like, that's like, you know, they're just the typer.”
Michael Seibel Nov 1, 2023 ▶ 6:34 How To NOT Get Screwed As A Software Engineer · Y Combinator
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