For every stage. Give stock in compensation for calculated value add. As you move through stages/growth, the value-add of each new employee will (should!) dim

For every stage. Give stock in compensation for calculated value add. As you move through stages/growth, the value-add of each new employee will (should!) diminish if you're doing everything else right. .35% was my example, based on rough memory of a prior startup. Your mileage may vary. Void where prohibited by law..