We are in full agreement that risk and reward go together. In fact, my suggestion is a way to shift more risk and more reward onto investors.<p>If I impose the condition that investors get paid only after employees get paid, I expect that I&#x27;ll get investment at a lower valuation. Which means greater upside for investors if the company becomes a big success.<p>Alternatively, if each employee&#x27;s upside is limited, then that leaves more of the money (again if the company succeeds) for investors.<p>In either case, the goal is to shift more risk AND reward onto investors, not only risk.