It’s sad that many European startups don’t share their success with employees. At Linear, all employees, including European, are given hefty equity. Even a moderate success would mean that people who join now would earn multiple millions. A big success should be life changing.
I asked an early Adyen engineer what they’ll do after the $50B IPO. (The same engineer at Uber/Stripe would conservatively have $2M+ vested stock - realistically 10x this). Angel invest? Start a company?
This person didn’t understand. They had less than $20K in stock.
A good rule of thumb for any startup should be to set aside 10-20% of all company shares for the employee pool. Early employees will make or break your startup, so they should have a big stake in your success.
@dragocrnjac
Not having the trajectory to be able to IPO, but still make a big enough dent in the market for big brother to feel the heat and acquire you.