brooksjordan06/11/2009
“ The second point I’ll make is that the option pool request needs to be reasonable and based on some kind of budget. I generally ask the entrepreneur to put enough options into the “pre-money pool” to fund the hiring and retention needs of the company until the next financing. My thinking on this is that I don’t want to get diluted between financings. So I like to see a headcount based hiring plan with expected options against each hire combined with a retention plan for all current employees who will need additional option grants. „
Quote posted at 09:18
Hi, I'm Brooks Jordan, and I assemble bits and pieces from here and there on Tumblr to understand what's going on in digital marketing and advertising. (And there's a lot going on.)
