Sam Altman Quotes About Giving
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We've seen a lot of data at YC now, and the most successful companies and the ones where the investors do the best... end up giving a lot of stock out to employees- year after year after year.
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The thing that kills startups at some level, is the founders giving up.
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One of the pieces of advice that we give at YC is: try to work together on a project rather than just doing an interview.
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You should be giving out a lot of equity to your employees.
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If you don't love and believe in what you're building, you're likely to give up at some point along the way.
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You should think about for the next 10 years, you're going to be giving out 3-5% of the company every year.
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I think as a rough estimate, you should aim to give about 10% of the company to the first 10 employees.
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