On: YC Clone In Seattle

[tim2]

> Five percent of the equity in each company will be distributed in a pool to be shared by other Founders Co-op firms.

Smart way to encourage people to help each other.

[bfioca → tim2]

I dunno how I feel about that - it depends on the size of the pool (# of companies). Could get distracting in the long run.

[tim2 → bfioca]

There's an economic principal on how specialization can increase output for the same amount of work. Otherwise, clearly some failed startups can tell that they're doomed before they finally give up and this might give them something more valuable to do?

Will be interesting to see this strategy tested.