Employees at Practice Fusion got nothing as execs pocketed millions
Sure, these founders went too far, but the basic problem of Founders &gt;&gt;&gt; Employees is there at every startup.  When even employee #1 at typical SV startup signs on for 1% and employee #4 already for half that, why do “employees” still think there’s anything equitable about equity?<p>Listen up, prospective employee: if your founder makes several million, you’ll get zilch.  If founder makes tens of millions, you might get enough for a modest car.  If your founder makes over $100 million, you might have enough for a down payment on a  house.  Then you can go to the next startup and work super hard all over again to try to mint another mega-millionaire.