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I come out as about a 10% contributor, but they obviously can't give me 10%, since there need to be points for the option pool...I was offered 2%, which seemed
by bokonist 18y ago
I come out as about a 10% contributor, but they obviously can't give me 10%, since there need to be points for the option pool...I was offered 2%, which seemed really low, but I was told that this was because the CEO wanted to conserve points for future hiring.
That's silly. There's no such thing as persevering points. If you create an option pool later on, everyone dilutes together.
- wyvern 18y agoI didn't know this. This seems like a much fairer arrangement than accepting a low number on the premise that other people might needs points. I have a year's protection against employee-grant dilutions (none against investor dilution, obviously) but I'd give that up for a higher share. However, I don't think I can suggest the CEO change how he runs his company.