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Re:Ask HN: What equity percentage for a co-founder joining a... by curioustechie on Wednesday December 02, 2009 @10:11AM (#972154)
Thanks for pointing out this option, it's one I hadn't fully thought through.

Could you explain what about the scenario makes you say that Alice sounds like a first employee rather than a co-founder?

Re:Ask HN: What equity percentage for a co-founder joining a... by neilmix on Wednesday December 02, 2009 @10:16PM (#973592)
Because (apparently) there's no option for Alice to join and remove the risks herself. Bob is the sole executive.