I think it depends on the stage of the company and their role. The...

May 22, 2024 at 10:39 PM  ·  Comment — Steven Postrel's post  ·  View on Facebook  ·  Markdown source

I think it depends on the stage of the company and their role. The average employee at Microsoft is just a cog, and has little power over the direction of the company. Companies in mature industries also have limited upside. Diversifying out of Microsoft makes sense. Employees at an early stage startup have a lot more control over their fate. There's also much higher potential upside. So it makes sense to have a big chunk of their portfolio in the company.