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EP 28: Convo with Web3 is Going Just Great Creator Molly White, plus State of the Market, a Convo on Secondaries and Sam Lessin Recap

The Logan Bartlett Show

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The Us. Code Is Not Employee Friendly

When you get your equity, your ownership in a start up in the beginning, right when the company is just being formed, and you're maybe wanted, like the first five or ten employees. The founders views the value of that company basically at zero. So as a result, what we've kind of like worked around, if you will, in the staro eco system over the last 15 years is like our we're not going to give you equity, we'regoing to give you options. And those options are basely like the chance to have equity in the future, but you don't actually own it. Rits, yu don't actualyown the equity. Just have

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