How does the partnership structure work at YC? What does it mean to be a part-ti... | Hacker News

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foobarqux on March 20, 2015 | parent | context | favorite | on: I Am Sam Altman, President of Y Combinator. AMA

How does the partnership structure work at YC? What does it mean to be a part-time partner? Do all partners get carry?

sama on March 20, 2015 [–]

It's a flat partnership--we all get the same economics (including me). If you want a salary, it trades off against your equity.

Part-time partners get less equity and spend less time on YC.

antongm on March 20, 2015 | [–]

Of course, the cash vs. equity exchange rate is a subject of curiosity. :)

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