Sumukh Sridhara leads founder products at AngelList, providing insights into startup valuations, while Phil Haslett is the founder and chief strategy officer of EquityZen, specializing in secondary marketplaces. They discuss the unexpected benefits of internal valuation cuts for employees, particularly in tough market conditions. The conversation dives into the importance of 409A valuations, stock options for recruiting talent, and how companies can adjust their equity compensation strategies amidst fluctuating market dynamics. It's a must-listen for understanding startup employee compensation!
