Note that there are a few alternatives to this. Fred Wilson, from Union Square Ventures (who pg wrote about it here[1]), gave a 1 hour class on the subject[2].

Note that there are a few alternatives to this. Fred Wilson, from Union Square Ventures (who pg wrote about it here[1]), gave a 1 hour class on the subject[2]. He covered tax and mechanisms to avoid taking unecessary invetment gains tax. Another great post on this subject (which may be a bit dated nowadays) was this one[3]. Hacker News startup lawyer had also some great comments on its corresponding HN thread[4]. Note that it embeds the Introduction to Stock Options[5] that also had an amazing discussion on HN a few years ago[6] [1] http://www.paulgraham.com/airbnb.html http://www.paulgraham.com/airbnb.html [2] http://www.avc.com/a_vc/2012/04/mba-mondays-live-employee-equity-archive-and-feedback.html http://www.avc.com/a_vc/2012/04/mba-mondays-live-employee-eq... [3] http://gigaom.com/2011/06/05/5-mistakes-you-cant-afford-to-make-with-stock-options/ http://gigaom.com/2011/06/05/5-mistakes-you-cant-afford-to-m... [4] https://news.ycombinator.com/item?id=2623182 https://news.ycombinator.com/item?id=2623182 [5] http://www.scribd.com/doc/55945011/An-Introduction-to-Stock-Options-for-the-Tech-Entrepreneur-or-Startup-Employee http://www.scribd.com/doc/55945011/An-Introduction-to-Stock-... [6] https://news.ycombinator.com/item?id=3252290 https://news.ycombinator.com/item?id=3252290