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by leroy_masochist 4126 days ago
>Basically the way this works is that we give new employees an up front lump sum in the amount of how much it costs to purchase the shares of the company.

Interesting. Can you provide more detail on this? Do you just pay the lump sum outright as a hiring bonus? Obviously this works at early stages when the stock is like $0.001/share, but what happens after you've raised a few rounds and the current fair value of the stock is in the 6-7 digit range?