If the value you have is too high to enable "founders" to buy in, you probably have to issue them options instead. These contracts and accounting get more comp

If the value you have is too high to enable "founders" to buy in, you probably have to issue them options instead. These contracts and accounting get more complicated. Best dig through a couple of the free startup legal kits that have been published on HN from time to time. Here's one: http://www.orrick.com/practices/corporate/emergingCompanies/startup/index.asp http://www.orrick.com/practices/corporate/emergingCompanies/... You can search searchyc.com to find others.