This is in no way typical (and 10% seems very high but it obviously depends on deal size). There will be certain cases where management carveouts are part of a deal, but it's far from the norm. Executives who join at a later stage also receive the same type of common stock / options that the founders have, and they typically don't receive much of an equity payout in comparison.
Just to be clear, I'm speaking about deals where no money falls on common, which includes the common shares and options held by all of the executives and employees needed to make the deal close.
I had an iPhone 5, and loved the form factor, but not the battery life. The 6+ can handle a couple of days of use as a smartphone and mobile internet access point. The larger screen is irrelevant to me, but the larger battery matters.
Do you think the purchase of a Watch could have a bearing on iPhone purchase decisions based on the phone's battery life (if we do not see untethering in the near future)?
I think the interview is worth watching entirely as it's so much more than a rejection from an elite institution such as Harvard. Rejection from KFC, from even middle school -- these stories are just as powerful if not much more so.
