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Strongly disagree about waiting 1-2 years to deal with equity issues -- equity should be dealt with immediately up front. Everybody should be issued equity via
by Flemlord 17y ago
Strongly disagree about waiting 1-2 years to deal with equity issues -- equity should be dealt with immediately up front. Everybody should be issued equity via an ISOP based on their expected contribution over the next 4-6 years. If somebody outperforms the expectation, they should be issued more ISOP. If they underperform, they should be fired.
- aditya 17y agoExcept when you say to someone, I'm going to keep x% and you're going to get y% (where y is much less than x) because your future contribution isn't going to be as much as mine, that person is either a) going to walk away or b) have no motivation to perform at startup levels because you just screwed them over, especially if you're not out there killing yourself every day.