SO.... This is a blog post which is promoting an ebook about a "Grunt Fund" model of equity allocation. Don't divvy up 100% of the pie at too early a stage. People disappear. Instead, let people work for equity on an ongoing basis and make the process fair and transparent to all participants. I haven't run across this idea before, but I like it. Ended up buying the book "just in case". :) (it was only $5)...
Thanks for buying this book (it's mine). I was happy to see someone posted it to hacker news.