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Instead of doing this, simply don't have the assets vest and own them fully at the beginning at essentially a $0 cost basis. If you're the founder you should st
by xyzzy4747 4y ago
Instead of doing this, simply don't have the assets vest and own them fully at the beginning at essentially a $0 cost basis. If you're the founder you should stack all the cards in your favor. Vesting periods should be for employees - also make sure they have long cliffs so you can claw back their equity.
- mrDmrTmrJ 4y agoCompanies take a huge time to realize value, say 4-10 years. And many startups have more than one founder. In that case, founder vesting is an essential tool to ensure alignment over the years. Filing an 83(b) is easy. It's certainly worth it to: a) Have founder vesting to align incentives for long-term work b) File 83(b)s
- icedchai 4y agoFrom what I've witnessed, if you get any real investors, they'll make you vest for your ownership anyway. When you have enough investors, you're essentially an employee (some successful companies / founders are the exception.)
- xyzzy4747 4y ago[dead]