from Gergely Orosz | by Gergely Orosz

Three incredible things about the Expensify IPO: - Only 140 employees built a $3.8B company - 50 of the 140 became millionaires thanks to having been allocated equity from day one - All employees were allocated at least an additional $1M in equity by the founder, on the IPO t.co/cdl1PJnyD8

Another reminder on why equity is so important in tech. My overview and advice, and best practices: t.co/WxQ9pQh2mY Details on the Expensify IPO and employee equity allocation: t.co/Qa8AoMgHau

“Sure, but this is an outlier.” Maybe. But here are another few early stage companies where if they become unicorns (and I believe they could), software engineers joining now/early enough could likely become millionaires: @mobile__dev, @Fonoa_HQ, @linear, @incident_io