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Re:Ask HN: What is “significant” equity? by mtmail on Thursday January 22, 2015 @08:37AM (#8929029)
And in this context it's especially important that you (the first employee) have the same stock type/class as the founders. You have disadvantages if they have stock and you only stock options. If they have preferred stock treatment or grant other investors preferred stock treatment then the company might exit at $100 million and you still receive nothing.
Re:Ask HN: What is “significant” equity? by BayAreaSmayArea on Thursday January 22, 2015 @11:37AM (#8930056)
yeah, its a grant with vesting period, not options. As far as type I'll have to get into with actual contracts to sign but I believe we're all the same across the board, talking in terms of fully diluted percentage.