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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 timeentrepreneurs they did not create an employee options pool; we’ll fix that in a little while.
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. The barrier between entrepreneur and money (incubators, angels, etc.) Connections seems to make the most sense with serial entrepreneurs (or someone who had prior success).
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Capitalization Table 
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