The iron rule of founder compensation is dead

Hi and welcome back to Equity, TechCrunch’s venture capital-focused podcast(now on Twitter!), where we unpack thenumbers behind the headings. We had the full team this week: Myself, Danny, and Natasha on the mics, with Chris running skipper as constantly. Unfortunately today we needed to kick off with a correction as I am 1. Dumb, and, 2. Seepoint one. However after we got past SPAC subtleties( shoutout David Ethridge ), we had a full show of great things, consisting of: Y Combinator Demo Day is going virtual, as before,

• and its coming version will also be live.The Equity team all agree that this is the best thing to do, and probably more fun to boot. And now the founders can sweat a live event, too! What fun. Mentioning live events going digital, Disrupt is coming up.
• And it is going to be great. Read more here. A group of Stanford service school students are assembling and financial investment automobile to invest money into themselves, which is a great idea and something that is extremely risible. Thankfully, Danny and Natasha had good ideas to say about the effort. Ro raised$200 million, and any jokes that were improper are Danny’s fault. The company‘s $200 million appraisal makes the news that its rival Hims might go public by means of a SPAC all the more exciting. I covered a cool round:$20 million for Crucial, an incredibly cool startup that has me buzz. Facebook is still searching up ways to get a better check out growing start-ups– this time via investments in venture capital funds. And, finally, there were some hearings today, you might have heard. We’re working on somethingneat that you are going to like on simply that subject, so stay tuned. Which’s Equity for this week. We are back Monday early morning early, so ensure you are keeping tabs on our socials. Hugs, talk soon!

  Equity drops every Monday at 7:00 a.m. PT and Friday at 6:00 a.m. PT, so sign up for us on Apple Podcasts, Overcast, Spotify and all the casts.

  Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.