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It's also the type of founder that would dilute the employee options pool first, before touching their own. "it's okay to screw employees because they'll leave
by veemjeem 14y ago
It's also the type of founder that would dilute the employee options pool first, before touching their own.
"it's okay to screw employees because they'll leave anyway"
- rdl 14y agoFucking with employee options pool is about whether previous investors (including founders and earlier employees) take all the dilution of new hires, vs. the new investors sharing equally in that. It's fairly independent of how much equity hires actually receive (you can always bump the pool up later, when you "unexpectedly" run out of equity and need to make more hires -- after 30-50 hires, the only way an individual hire makes a huge difference in the option pool is if you're bringing in a CEO to replace a founder, or maybe a Sheryl-level COO or super-accomplished VP.) It's an unrelated issue, really. I think "founder has one type of expense policy for founders and execs, and another for employees" would be more apt.