This is normal for any company that's been through a few funding rounds. Go here http://ownyourventure.com/equitySim.html and play with some numbers - a typical setup of 2 founders on 50% each will have both of them on 10% by Round 3. Alibaba has had 4 rounds, and the last one was huge.
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This is normal for any company that's been through a few funding rounds. Go here http://ownyourventure.com/equitySim.html and play with some numbers - a typical setup of 2 founders on 50% each will have both of them on 10% by Round 3. Alibaba has had 4 rounds, and the last one was huge.