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Introducing the Cap Table and Hiring the CTO

Feld Thoughts

This week they set out to create their cap table and hire a CTO. The vesting schedule protects each of the co-founders in case one gets hit by a bus or decides to drop the project after a short period of time. As first time entrepreneurs they did not create an employee options pool; we’ll fix that in a little while.

Cap Table 133
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Why is there such a large founder to early employee equity drop-off? - Quora

www.quora.com

As a result, there is a much bigger supply of these people than there are of founders who can get a company to the point of hiring some early employees. If I grant equity to a outsourced developer for future services after his initial contract with me is delivered on, where on the capitalization table do I place him?

Equity 40