Re:How much startup stock options are worth
by lemming on Tuesday November 23, 2010 @07:24PM
(#1935968)
Is it normal for founders to have preferred shares? In our case the founders all have common stock (albeit a lot of it), and in fact it came with more restrictions than normal common stock, namely a 3-year restricted stock period similar to an option vesting period.
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Re:How much startup stock options are worth
by tptacek on Tuesday November 23, 2010 @07:35PM
(#1935998)
Dunno, but note that founders often hold board states, and VC has an incentive to make sure they can take some money off the table, else they can make it harder to complete the best deal VC thinks they can get, in the name of holding out for an actual return.
Re:How much startup stock options are worth
by danshapiro on Wednesday November 24, 2010 @04:27AM
(#1936924)
That's very normal; founders usually have mostly common, and sometimes have extra restrictions. The other commenter is right, though - anyone with influence in a transaction typically comes out better, and founders are often in such a position.