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I think we would be back to historical norm, that startup will start falling behind in attracting talents.

The founders of Windsurf had already gotten their bags, they won't have to work a single day later in their life if they don't want to. The consequences will be bared by the ecosystem.

For the time being I think they are going to be OK, the labor market is employer friendly.

Young engineers who don’t know how this works yet.

I will make them this then. I will inform new talent about how VC lies with puting all proof too. New website and SM coming for this

This is not a new dynamic. This situation has existed for 10+ years, you can even read the same comments in the same HN threads from 10 years ago.

Equity is only to be valued at greater than $0 if the business is publicly traded.

the market doing what the market does: price discovery. yes, this is a cynical take, but so is the money in this market.