Ask HN: How to divide shares in a startup company that was born in a hackathon?

Re:Ask HN: How to divide shares in a startup company that wa... by alexleclair on Thursday November 21, 2013 @04:12PM (#6777522)

Well thought through. Right now, everyone's talking one on one with each other, asking the same questions: Do you want to stay? What's in it for me? Will it be fun? Am I willing to relocate? (Some are from Sherbrooke, a 2h drive from Montreal).

We'll see what comes out of it.

Thanks!

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Re:Ask HN: How to divide shares in a startup company that wa... by sieva on Thursday November 21, 2013 @08:50PM (#6778768)

Definitely give it some breathing room. Goodluck trying to different levels of equity right now, could be very sticky. - Put people's feet to the fire with a money, and time commitment. (60, 80, 100hrs/week) - Then just work on it for a few months and see who's keeping up the commitment

It's easy to float on your recent win, and pretend like everyone is equally committed. People will start dropping off in levels soon enough. Or maybe not, and you have 8 amazing founders :)

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Re:Ask HN: How to divide shares in a startup company that wa... by alexleclair on Thursday November 21, 2013 @11:16PM (#6779251)

You're making a very valid point. Thanks for the insight! :)

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