Introducing the Cap Table and Hiring the CTO
Feld Thoughts
SEPTEMBER 2, 2011
This week they set out to create their cap table and hire a CTO. Equity is split 55% and 45%, but where is that officially recorded? Jane and Dick want to bring in their friend Praveena as CTO, but they don’t know how to structure the compensation. Praveena wants to invest $20,000 and get 20% equity.
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