6 ms·

I was sort of thinking of these engineers as co-founders. But maybe it would be better just to have a single co-founder. Would you give them 50% of the company,

I was sort of thinking of these engineers as co-founders. But maybe it would be better just to have a single co-founder. Would you give them 50% of the company, but have that vest over time? At say 10% per year over five years?

masonhensley 6y ago
Higher end of equity - yes. Vesting - yes, but 4 years. Also, not a lawyer, but I believe there is a minimum wage thing in California. I think It's mentioned in this startup School lesson (~9 minutes in): - Video: https://www.youtube.com/watch?v=LBC16jhiwak&feature=emb_title https://www.youtube.com/watch?v=LBC16jhiwak&feature=emb_titl... - Transcript: https://jotengine.com/transcriptions/NDLakO9K0GVmyY6d8B1uAQ https://jotengine.com/transcriptions/NDLakO9K0GVmyY6d8B1uAQ