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Motivation and Ownership in Startups
This chapter explores the motivation of founders to stay committed to a project even after their equity fully vests, discussing the role of vested interest and ownership of tokens. It also discusses the challenges of early liquidity and ownership in startups, including misalignment of shareholder classes and the importance of alignment and collective upside in attracting talent.
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Robert Leshner chop it up about the latest news. This week, the gang sits down with guest Nic Carter of Castle Island Ventures, whose tweet thread pushed the Wall Street Journal to correct its story that Hamas had raised tens of millions in crypto. Carter discusses the challenges in tracking how much crypto Hamas has actually received, the declining prospects for Sam Bankman-Fried’s acquittal, and ongoing dramas surrounding staking protocol Lido and decentralized exchange dYdX.
Show highlights:
Previous coverage by Unchained on the trial of Sam Bankman-Fried:
Hamas
Layer Zero/Lido
dYdX
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