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First sentence I agree with, but I don’t understand your hypothetical. #2 is what usually happens, and non-co-founder very high level early employees don’t usua

by dahart 3y ago

First sentence I agree with, but I don’t understand your hypothetical. #2 is what usually happens, and non-co-founder very high level early employees don’t usually get 50% or anywhere close. If the original founder made any progress and has anything of value in the first six months, a 2nd co-founder may not get 50% in either case.

smeej 3y ago
It's a direct question for the parent commenter who's going on about how it shouldn't be OK to give individual people shares to convince them to come work for you. If you get six months into "working" on a project and realize you're missing some core skill, "hire" someone. Call them "cofounder." Give them an appropriate amount of the shares. It's exactly the same in the end as closing one business and starting a new one that's divvied up the same way. I'm arguing that being able to give important employees a stake in the company is just good sense, and having to "sell them on the open market" instead is about as inane an idea as I've heard this year.