2 clips
TThe Full Ratchet
Jon Callaghan explains how Silicon Valley's historic ability to attract top talent through early employee equity is being undermined by today's multi-billion dollar valuations and extended funding cycles. He argues that when startups are already valued at billions with many rounds ahead, early employees can no longer expect the life-changing equity payouts that built the Valley's reputation.
The Twenty Minute VC (20VC)
Sebastian Siemiatkowski shares the cautionary tale of Truecaller, whose American VCs pressured them to relocate their engineering team from Europe to Silicon Valley. The move backfired spectacularly - they struggled to recruit, lost a year of traction, and were eventually downgraded by the same VCs who pushed for the relocation.
