Option Pool Partner Salary Sales 
The Next Web
OCTOBER 7, 2013
Startup employees are granted common shares out of something called an option pool. It is typical for employees to vest their options over four years with a one year cliff, which means a new hire must stay on the company for at least one year to see any shares. What’s everyone else getting? How much do they cough up?
Berkonomics
NOVEMBER 23, 2023
and here is the usual early-stage trap… First, a brand-new enterprise is often formed from the efforts of several “partners”, each with an expertise valued by the others. Inducing a new CEO to come aboard usually means creation of a stock option package of 5-8%. That size of grant would take much or most of the option pool.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Berkonomics
SEPTEMBER 28, 2017
Here’s an example: First, a brand-new enterprise is often formed from the efforts of several “partners”, each with an expertise valued by the others. This is important because high quality candidates should be induced to consider coming aboard at lower than market salaries using the tool of “cheap” options, properly priced.
www.paulgraham.com
APRIL 28, 2010
The fund managers, who are called"general partners," get about 2% of the fund annually as a managementfee, plus about 20% of the funds gains. Not all the people who work at VC firms are partners. If you get a call from a VCfirm, go to their web site and check whether the person you talkedto is a partner.
Berkonomics
MAY 12, 2010
The document should also contain clear buy-sell clauses, forcing any sale of shares to first be offered to the corporate treasury, then to the other founders in proportion to their holdings, and then if no interest, to outside investors. Inducing a new CEO to come aboard usually means creation of a stock option package of 5-8%.
Expert insights. Personalized for you.
129 
Let's personalize your content