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bcantrillyesterday at 8:54 PM2 repliesview on HN

I appreciate that our approach to compensation leaves some with overwhelming feelings of whataboutery, but no, we (of course?) do not have equal equity: as we have said (several times?) equity broadly compensates for risk -- and risk has gone down over time. (I used to tell people to "value the equity at zero"; I don't say that any longer because it plainly isn't.)

In terms of the cap table: that's a bit of an odd request? On the one hand, there are no real secrets hanging out on our cap table -- but on the other, based on your tone, it doesn't feel like the request is terrible earnest? (And, I hasten to add, transparency is a value -- not a principle.[0])

[0] https://rfd.shared.oxide.computer/rfd/0002


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segsehhjehjyesterday at 9:23 PM

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mrcwinntoday at 12:12 AM

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