venturehacks.com

DECEMBER 9, 2012

Some entrepreneurs set up quarterly advisory board meetings and that probably works well for them. But we find savvy entrepreneurs tend to be transactional—they ping their advisors as needed and skip the advisory board meetings. Your task is to hire the maverick advisors in the crowd. How do I apply advice?

Advisory Board 50

Advisory Board Cap Table RSS Cofounder 50

Berkonomics

NOVEMBER 23, 2023

Options are usually best with “C” corporations but granting options for either LLC’s or “S” corporations are not a real problem. An option plan should carve out an addition of about 15% of the “fully diluted” shares. That size of grant would take much or most of the option pool. first appeared on BERKONOMICS.

Equity 62

Equity Stock Options Vesting Early Stage 62

thinkspace.com

SEPTEMBER 7, 2012

Equity for Board of Directors and Advisory Board. Typically for an Advisory Board it ranges from 1/10th of percent to 1/2% and for Board of Directors from 1/2% to 2%. Board Member 1. Manager or Junior Engineer 0.2 - 0.33. Percent of the outstanding option pool: meaningless.

Equity 62

Equity Employee Founder CTO Hire 62

Berkonomics

SEPTEMBER 28, 2017

Options are usually best with “C” corporations, but granting options for either LLC’s or “S” corporations are not a real problem. An option plan should carve out an addition of about 15% of the “fully diluted” shares. The board must approve the plan including this number, and shareholders must approve the plan as well.

Early Stage 102

Early Stage Equity Stock Options Vesting 102

Berkonomics

MAY 12, 2010

An option plan should carve out an addition of about 15% of the “fully diluted” shares. If there are 85,000 shares issued to the founders, then a plan calling for 15,000 shares in a pool reserved for future hires is appropriate, making the fully diluted shares 100,000. Director level employees are typically granted ½%.

Early Stage 85

Early Stage Equity Stock Options Vesting 85