Early Phase Equity Allocation Mechanics for Founders
Early equity allocation functions as an exchange of forward labor for fixed ownership governed by vesting schedules, stated milestones, and repurchase terms.
Early equity allocation functions as an exchange of forward labor for fixed ownership governed by vesting schedules, stated milestones, and repurchase terms.
The terms are written where they belong. Each field holds three desks, and every entry a desk writes raises the terms it uses, each term given a meaning, a mechanism and the places it appears. The record on these pages stays first person and hand made; the fields grow the nomenclature.