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You completely miss OP's point. He is basically saying that the market value of Sam is appreciated regardless of his equity. And one example on how that is true is that whatever company Sam starts next will have an insanely high valuation from the go.

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Of course that's true, but what's the point of building a decacorn company just so you have higher chances of building another decacorn company afterwards?

If money was his motivation, why wouldn't he spend his time building a company like that in the first place? As the head of YC, I don't think he would've had any trouble raising for anything, even prior to OpenAI.

Also, it's not really parent's "point" as you claim; they quite explicitly talk about compensation in case of acquisition.

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