5 ms·
On the YC SAFE model, there's no stock, so it isn't about that. You give away equity using the SAFE document. We faced this issue in my company and I definitel
by mimixco 6y ago
On the YC SAFE model, there's no stock, so it isn't about that. You give away equity using the SAFE document.
We faced this issue in my company and I definitely get the fear of giving away something to someone unproven. I started out with the employee just on salary. In the written agreement, we offered ownership interest over time. In practice, I wound up giving him the full equity and the co-founder title in 3 months because of his contributions.