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Re:Ask HN: Is it practical to have many (4+) simultaneous co... by jefftala on Thursday February 28, 2013 @12:29PM (#5299710)
Bare careful of too many cooks in the kitchen. It's tough to make quick, strategic decisions when you have so many people with an equal say.

Ask yourself if all these key people are really founders, or just the first employees with stock options?

Re:Ask HN: Is it practical to have many (4+) simultaneous co... by ag_47 on Thursday February 28, 2013 @02:27PM (#5300388)
>> Ask yourself if all these key people are really founders, or just the first employees with stock options?

This. Pick 1-2 "key people" out of the pool, and invite others as employees. Don't make things ambiguous, you should prepare and have everyone sign simple contracts outlining the conditions.