Capitalization Table CTO Hire Hiring Vesting 
Feld Thoughts
SEPTEMBER 2, 2011
This week they set out to create their cap table and hire a CTO. The founders each have common shares that will vest over four years. 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. Time to update the cap table.
www.quora.com
SEPTEMBER 22, 2011
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. Even better, executives will negotiate the acquisition price of their company down; in exchange for a larger amount of post-acquisition retentio n equity and accelerated vesting.
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