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Re:Ask YC: Normal Options/Equity for Employee Number 1 by blader on Monday July 07, 2008 @07:46PM (#239334)
1. It depends (mostly on company financing stage and valuation).

2. 4 years, 1 year cliff.

3. It's an uncommon structure that won't align the company's interests with your employee's. Revenue up front and value building don't always go hand in hand.

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