Re:What's the best way of giving away equity to co-founders ...
by lak on Thursday March 22, 2007 @11:02AM
(#5692)
It shouldn't hurt to follow the same basic model as most companies use -- some amount of options, vested at a specific rate, probably with a one year cliff and then monthly vesting after that.
You have to be a lot more willing to fire, though; you don't want to find yourself owing stock to someone who wasn't productive for a year just because you couldn't think of the right way to fire him/her.
You have to be a lot more willing to fire, though; you don't want to find yourself owing stock to someone who wasn't productive for a year just because you couldn't think of the right way to fire him/her.