This comment strikes me as idealistic and disconnected from reality. It idealizes the mythos of risk/reward/effort for founders while minimizing the risk and effort of later employees. Founders work very hard, but I know people at Apple who work harder. Founders take financial risks, but I know people who've taken pay-cuts an order of magnitude larger than bootstrap costs to get 1% of a company that ultimately failed.

The reality is that there are no objective, consistent metrics which map risk to equity or effort to equity, all we have is cultural norms, pretending otherwise is a self-serving narrative.