3 ms·
> I started working n months before my co-founder For this one, the solution might be to vest n months earlier, but have the same number of shares in the end.
by fragsworth 10y ago
> I started working n months before my co-founder
For this one, the solution might be to vest n months earlier, but have the same number of shares in the end.
- curun1r 10y agoThe other option would be to treat the time invested as part of the company's seed and treat it separate from the founder's equity. So figure out a relatively low salary, use it to convert the time spent to dollars and then give an equivalent amount of shares based on the valuation when the seed funding was raised. Give the other founders the option to invest money in the company in lieu of time at the same terms. I know this could result in one founder having more equity than the other(s), but I don't see how this can be considered unfair to any of the founders.