Apparently Founding Engineer is the worst deal in tech…
This one guy argues:
> take near-founder risk
> 0.5–1% equity
> work founder hours
> don't control the cap table
> startup fails 90% of the time
> the 10% that survive dilute you to dust
So the expected value of that equity grant is roughly zero.
So how cooked am I? 👀
Uhhh… your memory is failing, my friend. And this was sent after the dinner, not before. Have the receipts. I don’t begrudge you in any way, but let’s be truthful.
im hella broke so this is just my imaginary larp, but if i was an investor who put in millions on a bunch of kids and i see that on social media theyre flexing the money on some random ass events like racing porsche 911s i would be very pissed 💀
an underrated part of a YC partner is all of these guys are ex-founders. its so much different when you get advice from others who were just as much in the trenches as you were
obsession is by FAR the best horror film i have ever seen in my entire life. and i just learned after the movie that it was made by a youtuber with only a $1M budget 🤯