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Do you think these folks understand the math behind improve startups' prospects by 6.4%? It seems the emotional reaction is usually driven by a basic misunderstanding - "$5k per founder for 10%!? OMG!" even when they're wrong on the basic facts. MA does a nice job clearing up the valuation "paradox" but it seems it's worth repeating over and over again, esp for newbies to investment equity who encounter YC and shudder at the "terms".

EDIT: Just reading the TC comments, it amazes me how often this basic misunderstanding comes up, even after an article that explains it.



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