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by retrogradeorbit
4936 days ago
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I've been here in an old company. Inevitably some people put in more work than others. Some much more. You need to formalise amongst yourselves, the directors, a way of getting rewarded commensurable with your work. It's a valid concern. We did it by assigning extra equity (non-voting share portions) to each according to work. You could effectively work yourself a bigger slice of the company (but you would not loose your original shares). The scheme started at an agreed date and ended when the project was launched and started earning revenue. It worked well and increased everyone's work commitment and output. You have to be careful and weigh the amount of extra share portions with the estimated remain of the project and how much original equity there was. |
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