it does, but one of the recurring themes on HN is that most employees at a startup would've done better financially by getting a job at a BigCo (not even necessarily a fang) so it's also disingeneous to claim that _they're_ working for equity: they could've gotten much safer equity grants by joining an established company instead of yours.
IMO one of the challenges I've never personally seen solved well is how to truly share the fruits of success with all the people who were necessary for it to happen. In this example it's of course not clear how much of a team there is, but I'm sure any non-founder employees are also working below market and would love for their wages to increase as revenue grows and the product matures.
IMO one of the challenges I've never personally seen solved well is how to truly share the fruits of success with all the people who were necessary for it to happen. In this example it's of course not clear how much of a team there is, but I'm sure any non-founder employees are also working below market and would love for their wages to increase as revenue grows and the product matures.