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Andrew Mason

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  1. a16z23 min

    a16z Podcast | Is It Possible to Achieve Equitable Equity for Startup Employees?

    Andrew Mason, Ben Horowitz, Michael Copeland

    Andrew Mason, founder of Groupon, implemented a "progressive equity" system that redistributes 50% of an individual's wealth exceeding a specific luxury threshold into a shared pool for other employees. This mechanism, defined as a one-time event triggered at the "50 megadonks" financial independence level, aims to address wealth inequality within high-growth companies while offering legal safeguards against gaming the structure. Although Mason acknowledges trade-offs regarding recruitment incentives and cultural permanence, he has publicly released the framework to encourage broader adoption of equitable ownership models.