[gyardley]

This sounds like really good advice, because executing is so important, because there's a whole slew of other things that fledgling startups worry about that they really don't have to, and because sorting out equity can be hard and awkward, and therefore it's tempting to put it off.

Nevertheless, this is terrible advice. Disputes over equity are often company-killers.

You are doing anyone who listens to you a real disservice.