I have to say that while the topic interests me, the goals here sound a bit overreaching. It's not quite clear if he means for people coming in once some of th

I have to say that while the topic interests me, the goals here sound a bit overreaching. It's not quite clear if he means for people coming in once some of the business groundwork has begun or people coming in as co-founders, but I can't really see it working for either. First employee: No way you're getting a board seat or that much equity. Sorry. Co-founder: If you're going through this many hoops pre-money that seems to be overkill. If you don't trust the guys that you're co-founding with, you're probably screwed anyway. I don't mean that trust is everything, things naturally can get ugly, but most of this contract stuff is going to be re-negotiated when you're funded anyway.