The main point was to make sure employees equity promises are taken care of ASAP so their upside is as good as it can be. The point about some hires being upse

The main point was to make sure employees equity promises are taken care of ASAP so their upside is as good as it can be. The point about some hires being upset if the price goes up in the interim was just meant to illustrate what can happen if the grants aren’t completed beforehand (descriptive, not prescriptive). I gave Aaron the language for that paragraph so I apologize if I offended anyone. It wasn’t intended to imply that founders should selectively pick and choose who gets made whole or not based on “sophistication.” I agree with all the points you make about educating and treating people fairly.