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E169: Elon sues OpenAI, Apple's decline, TikTok ban, Bitcoin $100K?, Science corner: Microplastics
All-In with Chamath, Jason, Sacks & Friedberg
Proper Equity Structure for Compensation
Establishing a fair equity distribution structure is crucial for compensation. Creating a clean for-profit entity with clear equity allocations for key individuals like Elon and Sam is necessary. Eliminating convoluted compensation methods and ensuring that individuals have equity in the corporation aligns incentives effectively and simplifies ownership of opportunities.
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