For a startup that currently has no funding and wants to put a business team in place, how much equity would you give someone who would be coming on board as the CEO to take over the business side of things, and who will then be receiving a salary once funding is found.
Then after they come on board, should they become vested over time, even if they end up walking away before the company becomes funded. Should they feel like they deserve percentages for time served regardless?
I always thought that if you set aside a portion for a CEO, and then they put in time, but end up walking away, why would they keep their percentage, when you then have to go find a new CEO?
