5
votes
2answers
191 views

What happens to the unused portion in an option pool at the point of an exit/acquisition?

Some details regarding my company: I started off as a single-founder bootstrapped company (100%-owned). Later I brought in two co-founders at 20% equity each. So equity split was: Myself - 60% ...
2
votes
1answer
204 views

Evaluating a “co-founder” offer

I was presented with the following offer and while I'm waiting legal advice, I'm interested to know your opinions. I'm been offered a "co-founder" seat with a bit over 10% in stock options vested ...
2
votes
6answers
2k views

How many shares of stock to create when starting a company

I am thinking of creating a startup and want to allocate stock to various co-founders. Is there any sort of system for knowing how many shares to create of a new company?
1
vote
4answers
381 views

Having trouble dividing the pie w/ my partner, care to help cut the slices?

On January 15 a buddy of mine (who is not technical with a full time job in the social gaming/payment space) came to me (an independent Web Strategist SEO/Social Media looking for my next big thing) ...
4
votes
1answer
114 views

Advice on measuring participation of a new company

I am creating a new startup, the startup is going to consist of 4 members and I need some advice on how to split the participation etc. Here is a brief description of each member and there role. ...
3
votes
4answers
185 views

Co-founding with someone I don't know very well

I am starting a company without enough money to pay a second person a salary, but I need the help. I've found someone who seems great - his previous work is beautiful, he has already done some good ...