Questions

We just shortlisted a Tech Cofounder on our Early stage Self funded Tech Marketplace startup.Hes good on the skill set but we are not sure yet on the ‘compatibility’ part- which we are counting on as very important as well for the core team. Whats the Best way to go forward with this: testing the ‘compatibility’ with salary for say 2-3 months before handing equities or straight away giving out equities? Affordability shouldn’t be an issue since we are highly particular on selection of the core team.

There's a standard solution here: 4 year vesting schedule, 1 year cliff, so he gets zero equity until 1 year in. Any other arrangements would likely be out-of-market and would not be viewed favorably by future investors. Happy to discuss further.


Answered 2 years ago

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