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Startups: Give Your Family Stock In Your Company
- daleharvey 15y agoThis is posted with the largest disclaimer of I am not a lawyer ever But I have always been giving the impression that investors prefer as a clean cap table as possible, particularly I remember one talking about a deal falling through because they had to collect 30+ signatures from various investors and friends and family rounds.
- eladgil 15y agoA clean cap table is preferred, but e.g. 2-3 small gifts is fine. I would not advocate starting to give equity to 2nd cousins etc. :) Maybe another option (more overhead) would be to set up an LLC for the family and gift the stock there...