2024-06-12 Hacker News Top Articles and Its Summaries
1. Silicon Valley’s best kept secret: Founder liquidity Total comment counts : 95 Summary The article discusses the disparity in equity and risk between founders and early employees in startup companies. It highlights the common narrative that founders take on greater risks and therefore receive larger equity stakes. However, the article introduces the concept of founder liquidity, where founders sell a portion of their shares during funding rounds to secure personal financial stability....