113 reputation
5
bio website
location
age
visits member for 3 years, 2 months
seen May 15 '11 at 18:15
stats profile views 9

Jun
10
awarded  Popular Question
Oct
25
awarded  Teacher
Jul
18
awarded  Student
Jul
17
comment How to vest founder equity with full time and part time cofounders
We ended up assigning 2000 shares to each founder at incorporation and after that, we assign one share for every hour worked. It's working great so far.
Mar
4
awarded  Scholar
Mar
4
accepted How to vest founder equity with full time and part time cofounders
Mar
2
revised How to vest founder equity with full time and part time cofounders
added 254 characters in body
Mar
2
comment How to vest founder equity with full time and part time cofounders
wow, they really screwed up my formatting :(
Mar
2
comment How to vest founder equity with full time and part time cofounders
Alain, Thanks for the response Matt Re 1: We can't pay anyone with money, only equity. So would we pay equity per hour worked? Milestone based seems more ambiguous Re 2: Right now, all three are critical and we need to get more people on board to finish our MVP. We want to pay in equity, but everyone cannot contribute the same time to the startup. We want to incorporate and do the IP assignment asap which is why we are trying to figure out the equity split for the incorporation. In general, how do you vest founder stock if the founders are not fulltime?
Mar
2
awarded  Editor
Mar
2
revised How to vest founder equity with full time and part time cofounders
added 41 characters in body
Mar
2
asked How to vest founder equity with full time and part time cofounders