3 ms·
What do your investors or board think about you removing 1% of the company's equity from play? (this is another reason why I don't like engineers getting paid
by rpwilcox 15y ago
What do your investors or board think about you removing 1% of the company's equity from play?
(this is another reason why I don't like engineers getting paid in equity - that limits the availiable equity pool for investors to buy, baring share dilution.)
- corry 15y agoIt's not 1% of the overall equity - you're just pledging the cash value of 1% of YOUR SHARE of equity. Investors obviously don't care about how you manage your personal cash post-exit.
- rpwilcox 15y agoOhh, your shares. I would call that out somehow, because this is an important detail that I know I missed first reading. Certainly you're free to do whatever you want with your part of the equity... (but giving away 1% of the shared resource that is the company is a lot different). Perhaps revising your marketing? You're not connecting a startup (the legal entity) to anything - you're connecting a founder with a charity willing to accept 1% of the cash value of the founder's equity at (exit?).