Equity compensation in startups can often lead to minimal payouts, with many startups failing and equity becoming worthless. People tend to overvalue equity, despite the high likelihood of failure. The speaker received a 64 cent equity check from their first startup, highlighting the common outcome of minimal equity returns. This experience questions the actual value of equity compensation in startups compared to other forms of rewards.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode