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I’ve always wondered how does equity and power dynamics play into all this? I’d assume the founders and c level execs still have more power and compensation in other ways given they interface with the board and investors compared to engineers and sales.

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The variable equity compensation seems, in my mind, like it would negate a fair bit of the value. Do you not feel like that? I definitely appreciate the *floor* as a helpful forcing function for hiring the best/flexible positions… but the rest seems somewhat muted by variable equity.