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We ourselves don't know the percentage owned by founders.

Isn't it almost always going to be the case that the founders got diluted by the same proportion as you did? In which case, based on your comment below of YC being diluted from about 6% to about 3%, presumably the founders (who started out owning almost all the stock) would now be around 50%.

I feel like I must be missing something obvious here.

That's an estimate of what will happen eventually in the biggest companies, based on industry norms. But we don't know how much we've been diluted so far in individual companies.

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