Sentences with phrase «younger founders lost»

This founder, whom we'll call Tom Green, said that while exact dollar amounts and percentages fluctuated slightly based on how many founders a company had and how experienced those founders were (younger founders lost 1 percent or 2 percent more in equity for the same amounts of money), most of the deals were structured to favor Y Combinator with the assumption that most of the teams were just starting out and were likely to fail.