>> Ask yourself if all these key people are really founders, or just the first employees with stock options? This. Pick 1-2 "key people" out of the pool, and i

>> Ask yourself if all these key people are really founders, or just the first employees with stock options? This. Pick 1-2 "key people" out of the pool, and invite others as employees. Don't make things ambiguous, you should prepare and have everyone sign simple contracts outlining the conditions.