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#107 - Vinod Khosla and Sam Altman
Y Combinator Startup Podcast
Attracting People
I think among the first three or four founders at Sun, we kept less than half of the common. I see this as a major problem nowadays. People aren't allocating equity widely enough. So when last year, my son started his company, I said, keep 15% for yourself instead of 45. He could have done either number. Try and hire one or two people at 15%. Even though they're coming later, even though they didn't come up with the idea, but that would be incredible resources. Especially magnets to attract other people or bring essential skills.
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