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by darklighter3
2934 days ago
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Agree with the points around increasing equity and comp. One thing about option plans is that the devil is in the details. How things play out in a liquidity event or the tax ramifications can be large based upon how the plan was set up years prior. My guess is founders probably don't spend a lot of time sweating these details and the lawyers are concerned about protecting the company. YC could help by pushing for plans that are employee friendly. Publish articles about how to set up plans in a good way. Publish articles about what employees should look for when comparing offers. Possibly publish legal docs that companies can start from similar to other sets of documents you've published. |
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