Maybe there’s a hope there, but I’ll point out that many of the people needed to run a business (finance, legal, product, etc) are not idealistic scientists who would be willing to have their equity become worthless.
Those people don’t get substantial equity in most business in the world. They generally get paid a salary and benefits in exchange for their work, and that’s about it.
I know little enough that I don’t know whether this statement is true. I would’ve guessed that in most $10B companies anyone with a title like “CFO” and “CTO” and “COO” is paid primarily in equity, but perhaps this is mostly true of a few companies I’ve looked into more (like Amazon).
Maybe there’s a hope there, but I’ll point out that many of the people needed to run a business (finance, legal, product, etc) are not idealistic scientists who would be willing to have their equity become worthless.
Those people don’t get substantial equity in most business in the world. They generally get paid a salary and benefits in exchange for their work, and that’s about it.
I know little enough that I don’t know whether this statement is true. I would’ve guessed that in most $10B companies anyone with a title like “CFO” and “CTO” and “COO” is paid primarily in equity, but perhaps this is mostly true of a few companies I’ve looked into more (like Amazon).