> in addition to a traditional stock option grant, we’re offering our first fifteen employees, or however fewer it takes to get to the next financing, an equal

> in addition to a traditional stock option grant, we’re offering our first fifteen employees, or however fewer it takes to get to the next financing, an equal share of 15 percent of the company This is additional to a standard stock option grant. Though I'm not sure what is meant by "traditional" here I assume there is some other amount of options with a standard cliff.