NO: Mike Moyer, Investor and Entrepreneur - Deepstash

NO: Mike Moyer, Investor and Entrepreneur

The right way to think about equity is to think about a startup as a gamble. 

When participants contribute to a startup and are not paid for their contributions they are essentially betting on the future of the company. 

The value of each person’s bet is always equal to the unpaid fair market value of his or her contribution. A person’s share of the equity should be based on that person’s share of the bets.

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