[kentgoldman]

There are much more cost effective ways to get marketing value. A material portion of the fund's carry is being set aside. It's pretty well into the double digit percentages. Spread across multiple founders it will have less impact - founders will not be distracted from making their own businesses successful.

Treating founders as partners is something in which I genuinely believe. Investors ask founders to help guide other companies in the portfolio, they ask for founders for introductions to new companies, they ask them to help with diligence on prospective investments. So founders should have a stake in the fund.

For everyone's sake, I do hope there is a Dropbox type outcome in the fund. The idea was inspired in part by the way in which other classmates in Dropobox's YC class dis well by investing a small amount into the company.