I used an estimate of 2.3 people per founding team and average equity ownership of 35% from the original 80 K article. These numbers could probably use an update.
Unless it’s a weighted average equity ownership, I would expect the numbers to be worse than this as generally you’d expect people to get more diluted the more successful the company was
Thanks! You can read Ryan’s article for how he determined the weighting. He basically explicitly calculated it for some of the top companies, then made a guess about the rest.
Unless it’s a weighted average equity ownership, I would expect the numbers to be worse than this as generally you’d expect people to get more diluted the more successful the company was
Thanks! You can read Ryan’s article for how he determined the weighting. He basically explicitly calculated it for some of the top companies, then made a guess about the rest.
Ah nice—so yes it is a weighted average.