clips

This is in no way typical (and 10% seems very high but it obviously depends on deal size). There will be certain cases where management carveouts are part of a deal, but it's far from the norm. Executives who join at a later stage also receive the same type of common stock / options that the founders have, and they typically don't receive much of an equity payout in comparison.

I think the interview is worth watching entirely as it's so much more than a rejection from an elite institution such as Harvard. Rejection from KFC, from even middle school -- these stories are just as powerful if not much more so.

Are you aware of an US equivalent?

How ironic that one would be using Google's cached version to read this